7715 NE 5th Ave, Miami, FL 33138
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7715 NE 5th Ave, Miami, FL 33138
7715 NE 5th Ave, Miami, FL 33138
7715 NE 5th Ave, Miami, FL 33138
7715 NE 5th Ave, Miami, FL 33138
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 1,499,000
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Pending

7715 NE 5th Ave Miami, FL 33138

2,346 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,346 sqft

Price per Sqft $638

Subdivision Federal Way Amd

MLS Listing ID A11959487

HOA Y/N No

Year Built 1937

Annual Tax Amount $14,217

Tax Year 2024

Contingent No Contingencies

Property Sub-Type Duplex

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.

Location

State FL

County Miami-dade

Community Federal Way Amd

Area 32

Interior

Heating Other

Cooling Other

Flooring Tile

Exterior

Pool None

Utilities Available Cable Not Available

Waterfront Description Canal Front,Fixed Bridge,Ocean Access

Roof Type Other

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-32-07-040-0290

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11959487

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Biscayne Real Estate Group Inc

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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7715 NE 5th Ave

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