Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.
Lot/land
$550,000
1568 SW 5th St, Miami, FL 33135
--beds
--baths
4,791Square Feet
Unimproved Land
Built in ----
4,791 Square Feet Lot
$621,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 38 days |
- 138 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Miguel Fuentes 305-915-3492,
Fausto Commercial Realty Consultants Inc,
Mauricio Villasuso 305-340-8901,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A12022548
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Fenced
Lot
- Size: 4,791 Square Feet
- Residential vegetation: No Trees
Details
- Additional structures: None
- Parcel number: 0141020064890
- Zoning: 3901
Community & HOA
Community
- Subdivision: Lawrence Estates Land Cos
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Tax assessed value: $459,002
- Annual tax amount: $8,103
- Date on market: 5/20/2026
- Listing terms: Cash
Estimated market value
$621,900
$541,000 - $721,000
$2,489/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $550,000+61.8% |
Source: | ||
| 9/29/2022 | Sold | $340,000+35.9% |
Source: | ||
| 7/21/2022 | Sold | $250,100+100.1% |
Source: Public Record Report a problem | ||
| 6/25/2022 | Listing removed | -- |
Source: | ||
| 4/9/2022 | Listed for sale | $125,000+82.7% |
Source: | ||
| 3/23/2012 | Sold | $68,400-15.6% |
Source: Public Record Report a problem | ||
| 7/23/1999 | Sold | $81,000 |
Source: Public Record Report a problem | ||
| 12/10/1998 | Sold | $81,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,354 +7.7% | $369,134 +10% |
| 2024 | $7,753 -6.4% | $335,577 -12.7% |
| 2023 | $8,280 +47.2% | $384,284 +59.7% |
| 2022 | $5,625 +0.4% | $240,634 +10% |
| 2021 | $5,601 +12.4% | $218,759 +10% |
| 2020 | $4,985 +5.2% | $198,872 +10% |
| 2019 | $4,739 +13.1% | $180,793 +10% |
| 2018 | $4,190 | $164,358 +10% |
| 2017 | $4,190 +8.4% | $149,417 +8.1% |
| 2016 | $3,864 +15.2% | $138,195 +10% |
| 2015 | $3,353 +8.9% | $125,632 +10% |
| 2014 | $3,079 +97.3% | $114,211 +10% |
| 2013 | $1,560 | $103,829 +11.2% |
| 2012 | $1,560 +3.7% | $93,397 +3% |
| 2011 | $1,505 -58% | $90,677 -47.8% |
| 2010 | $3,581 +8.4% | $173,696 +2.7% |
| 2009 | $3,304 -3% | $169,130 +21.6% |
| 2007 | $3,405 -7.8% | $139,041 |
| 2006 | $3,692 | -- |
| 2005 | $3,692 +3.5% | -- |
| 2004 | $3,569 +36% | -- |
| 2003 | $2,623 +17.2% | -- |
| 2002 | $2,239 | -- |
| 2001 | $2,239 | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Little Havana
Getting around
53 / 100
Good TransitNearby schools
GreatSchools rating
- 3/10Riverside Elementary Community SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2.8 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33135
- Little Havana
- 1568 SW 5th St







