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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

    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.
    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#: A12022548MLS LogoOriginating 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

        DateEventPrice
        5/20/2026Listed for sale$550,000+61.8%
        Source: MIAMI #A12022548 Report a problem
        9/29/2022Sold$340,000+35.9%
        Source: MIAMI #A11261680 Report a problem
        7/21/2022Sold$250,100+100.1%
        Source: Public Record Report a problem
        6/25/2022Listing removed--
        Source: MIAMI #A11186357 Report a problem
        4/9/2022Listed for sale$125,000+82.7%
        Source: MIAMI #A11186357 Report a problem
        3/23/2012Sold$68,400-15.6%
        Source: Public Record Report a problem
        7/23/1999Sold$81,000
        Source: Public Record Report a problem
        12/10/1998Sold$81,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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 Transit

        Nearby schools

        GreatSchools rating

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