Miami, FL 33135Price: $695,000

  • Price: $695,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $695,000List Price
  • 6,360Lot Size Square Feet
Strategic development opportunity located in the Overtown submarket of the City of Miami, an area experiencing sustained public and private investment, infrastructure upgrades, and continued urban revitalization. This vacant parcel consists of approximately 6,000 square feet and is zoned T-3-O, allowing for low- to moderate-density residential development, including single-family residences, duplexes, townhomes, or small multifamily projects, subject to municipal approvals. The property benefits from close proximity to Downtown Miami, major employment centers, cultural corridors, and key transportation routes, positioning it favorably for residential demand and long-term value creation. The lot’s size, shape, and generally flat topography support efficient site planning and flexible architectural design options. This offering presents a compelling opportunity for builders and developers seeking to secure well-located land in a supply-constrained urban market with strong redevelopment momentum and long-term appreciation potential. Owner is highly motivated and open to serious offers. Owner financing available, providing additional flexibility to structure the acquisition and optimize capital deployment. Buyer to independently verify zoning, permitted uses, and development parameters with the City of Miami prior to closing.

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Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Yolymiler Diaz Guillen of Guillen

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on May 14, 2026

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