Prime Miami Development Opportunity! Existing duplex in a highly desirable central Miami location near MIA Airport, Brickell, Downtown, Coral Gables, and major expressways. Potential redevelopment opportunity with zoning/land use reportedly allowing 2–9 units. Ideal for developers, investors, or land-bank buyers seeking strong upside in a growing market. Existing structure may provide rental income while future plans are explored. Sold As-Is. Buyer to verify all development potential.
For sale
$750,000
5181 NW 5th St, Miami, FL 33126
4beds
2baths
1,806sqft
Duplex
Built in 1959
-- sqft lot
$-- Zestimate®
$415/sqft
$-- HOA
What's special
- 169 days |
- 233 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Danett Marante 786-256-1526,
International Unlimited Realty
Source: MIAMI,MLS#: A11948079
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Window/Wall
Cooling
- Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Features
- Flooring: Terrazzo
Interior area
- Total structure area: 3,003
- Total interior livable area: 1,806 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0141060180110
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- CBS Construction
- Roof: Other
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Other
Community & HOA
Community
- Subdivision: Flagler Grove Estates Ext,Flagler Groves
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $586,588
- Annual tax amount: $10,193
- Date on market: 1/18/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $750,000$415/sqft |
Source: | ||
| 2/9/2026 | Pending sale | $750,000$415/sqft |
Source: | ||
| 1/30/2026 | Price change | $750,000+15.4%$415/sqft |
Source: | ||
| 1/19/2026 | Listed for sale | $650,000$360/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,193 +4.4% | $511,665 +5.1% |
| 2024 | $9,764 +3.5% | $487,039 +5% |
| 2023 | $9,432 +1.1% | $463,715 +11.6% |
| 2022 | $9,329 +71.7% | $415,656 +58.9% |
| 2021 | $5,432 +0.2% | $261,651 +0.4% |
| 2020 | $5,424 +6.8% | $260,599 +6.8% |
| 2019 | $5,078 +4.3% | $243,908 +2.4% |
| 2018 | $4,869 | $238,164 +6.4% |
| 2017 | $4,869 +4.5% | $223,923 +6.5% |
| 2016 | $4,659 +7.2% | $210,240 +5.7% |
| 2015 | $4,344 +5.9% | $198,928 +5.5% |
| 2014 | $4,100 -0.6% | $188,499 +4.5% |
| 2013 | $4,126 | $180,345 -5.1% |
| 2012 | $4,126 -4.2% | $190,132 -3.5% |
| 2011 | $4,306 -9.3% | $197,083 -4.4% |
| 2010 | $4,749 -5.5% | $206,244 -9.5% |
| 2009 | $5,023 -12.5% | $228,011 -0.8% |
| 2007 | $5,742 +10.3% | $229,819 |
| 2006 | $5,205 | -- |
| 2005 | $5,205 +1.1% | -- |
| 2004 | $5,147 +14.9% | -- |
| 2003 | $4,481 -2.5% | -- |
| 2002 | $4,593 | -- |
| 2001 | $4,593 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Flagami
Nearby schools
GreatSchools rating
- 5/10Henry M. Flagler Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Kinloch Park Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10South Miami Senior High SchoolGrades: 9-12Distance: 4.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33126
- Flagami
- 5181 NW 5th St




