Pending

7715 NE 5th Ave

Miami, FL 33138
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Bed 3

Bed

Bath 2

Bath

SqFt2,346

Sqft

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 residenc e + 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,499,000

AD Id : 75117684

MLS Id : A11959487

Beds : 3

Living Area Size : 2,346

Year Built : 1937

County : Miami-Dade

Subdivision: Federal Way

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Heating: Other Cooling: Other Water front: 1

  • Building Information

    Year Built: 1937
    Building Area Total: 2346
    Construction Materials: Block
    Stories: 1
    Frontage Length: 50
    Pool Features: None
    Private Pool: No
    Water front Features: CanalFront,FixedBridge,OceanAccess

  • Lot Information

    Lot Description: LessThanQuarterAcre

    Property Information

    Subdivision: FEDERAL WAY AMD Source Property Type: ResidentialIncome Postal Code Plus 4: 5038 Zoning Description: 0104 Property SubType: Duplex Levels: One Property Age: 89

  • Listing Price Information

    Listing Price: $1499000
    Cash, Conventional

  • Tax Information

    Parcel Number: 01-32-07-040-0290 Tax Year: 2024 Annual Tax: $14217 Tax Legal Desc: FEDERAL WAY AMD PB 25-6 LOT 12 BLK 5 LOT SIZE 50.000 X 181 OR 15190-195 0891 1

  • Parking Information

    Parking Total: 3

  • Utility Information

    CableNotAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Residentialincome, Miami, FL, 33138 $495,000 3 2 1,052 1,052 SqFt
7710 NE 1st Ct, Miami, FL, 33138 $735,000 2 2 1,248 1,248 SqFt
Residentialincome, Miami, FL, 33138 $850,000 3 4 1,811 1,811 SqFt
645 NE 62nd St, Miami, FL, 33138 $939,000 3 2 1,491 1,491 SqFt
170 NE 68th Ter, Miami, FL, 33138 $515,000 -- -- 1,376 1,376 SqFt
47 NE 80th Ter, Miami, FL, 33138 $800,000 -- -- --
6322 NE 1st Pl, Miami, FL, 33138 $580,000 2 2 1,296 1,296 SqFt
800 NE 85th St, Miami, FL, 33138 $1,500,000 5 4 2,358 2,358 SqFt
555 NE 70th St, Miami, FL, 33138 $940,000 5 3 1,976 1,976 SqFt
551 NE 67th St, Miami, FL, 33138 $1,250,000 4 4 2,064 2,064 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/06/2026 @ 06:57

MLS: A11959487 LISTED BY: William Griffith, Biscayne Real Estate Group Inc 305-401-5747 SOURCE: SEFMIAMI

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