Lot/land

Price cut: $50K (9/10)

$650,000

1324 SW 5th St, Miami, FL 33135

--beds

--baths

7,492Square Feet

Unimproved Land

Built in ----

7,492 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Exceptional development opportunity in the heart of Miami. This 7,500 SF vacant lot is ideally positioned in the vibrant Little Havana area, just blocks from Calle Ocho and minutes from Brickell, Downtown Miami and Coral Gables. T4-L zoning allowing multifamily development and up to three stories, the property presents an exciting opportunity for a developer, builder or investor looking to capitalize on one of Miami's most centrally located urban neighborhoods. Convenient access to SW 8th Street, major thoroughfares, employment centers, dining, entertainment and Miami's urban core. A rare opportunity to acquire a vacant development site surrounded by some of the city's most dynamic neighborhoods. Buyer to independently verify current zoning, density, permitted uses and development potential with the City of Miami.

89 days
167
8

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Lot

Size: 7,492 Square Feet
Features: No Misc/Improvements
Residential vegetation: Other Trees

Details

Additional structures: None
Parcel number: 0141020065280
Zoning: 3901

Community & HOA

Community

Subdivision: Lawrence Estates Land Cos

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Tax assessed value: $562,500
Annual tax amount: $13,034
Date on market: 8/14/2026
Listing terms: All Cash

Foreclosure details

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/10/2026	Price change	$650,000-7.1%
Source: MIAMI #A12071540 Report a problem
8/14/2026	Listed for sale	$700,000-3.4%
Source: MIAMI #A12071540 Report a problem
6/19/2026	Listing removed	$725,000
Source: MIAMI #A12015892 Report a problem
5/8/2026	Listed for sale	$725,000+15.1%
Source: MIAMI #A12015892 Report a problem
12/2/2024	Sold	$630,000+92.1%
Source: Public Record Report a problem
10/3/2017	Sold	$328,000-11.1%
Source: Public Record Report a problem
8/16/2017	Pending sale	$369,000
Source: Platinum International Realty #A10257772 Report a problem
4/13/2017	Listed for sale	$369,000+235.8%
Source: Platinum International Realty #A10257772 Report a problem
1/12/2012	Listing removed	$109,900
Source: Remax Performance #F1140460 Report a problem
12/17/2011	Listed for sale	$109,900+23.5%
Source: Remax Performance #F1140460 Report a problem
10/6/2011	Sold	$89,000+29566.7%
Source: Public Record Report a problem
3/31/2011	Sold	$300-99.9%
Source: Public Record Report a problem
2/3/2006	Sold	$312,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,243 +20%	$562,500 +28.1%
2024	$9,365 +9.6%	$439,230 +10%
2023	$8,548 +13%	$399,300 +10%
2022	$7,562 +3.2%	$363,000 +10%
2021	$7,327 +14.7%	$330,000 +10%
2020	$6,389 -0.2%	$300,000
2019	$6,404 +1.9%	$300,000
2018	$6,284	$300,000 +148.4%
2017	$6,284 +77%	$120,787 +10%
2016	$3,550 +36.5%	$109,807 +10%
2015	$2,602 +13.5%	$99,825 +10%
2014	$2,291 -62.5%	$90,750
2006	$6,117	--
2005	$6,117 +21.1%	--
2004	$5,049 +86.3%	--
2003	$2,710 +14.8%	--
2002	$2,360	--
2001	$2,360	--