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Keller Williams Realty Boca Raton
7715 NE 5th Avenue, Miami, FL 33138
- $1,160,000
- 2,346
- SqFt
- Sold Price
- $1,160,000
- List Price
- $1,499,000
- Days on Market
- 56
- Closing Date
- Jul 10, 2026
- MLS#
- A11959487
- Sq. Ft
- 2,346
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Federal Way Amd
- Year Built
- 1937
Property Description
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 Miami’s 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 that’s 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.
Additional Information
- Construction
- Block
- Cooling
- Other
- Flooring
- Tile
- Heating
- Other
- Roof
- Other
- Taxes
- $14,217
- Utilities
- Cable Not Available
- Waterfront
- Canal Front, Ocean Access, Other
- Stories
- 1
- Price Per Sqft
- $494
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Miami Edison
Mortgage Calculator
Listing courtesy of Biscayne Real Estate Group Inc. Contact:
Selling Office: Biscayne Real Estate Group Inc.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: William K Griffith | Email: buyers1strealty@gmail.com