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MLS ID: A11959487
List Price: $ 1 499 000
Sold Price: $ 1 160 000 (-23%)
Status: Closed
List date: 02/03/2026
Closing Dt: 07/10/2026
Days on Market: 157
Sell $ 548 per SqFt
7715 NE 5th Ave, Miami
#MLS: A11959487
$ 1 499 000
Listing date02/03/2026
CityMiami, FL 33138
Address7715 NE 5th Ave
Area2115 sqft
Tax/year$ 14 217
Built year1937
Waterfronttak

Investors Special Waterfront land Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor one of Miamis most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand a combination thats increasingly difficult to find at this price point.
Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors. Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.

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