5537 NW 5th Ave
Miami, Florida 33127
Income Today, Redevelopment Tomorrow!
Invest or develop in one of Miami’s fastest-evolving neighborhoods.
This income-producing duplex sits on a full 7,500 sq ft lot and is currently generating $4,400 per month in steady rental income ($2,200 per side). With solid tenants in place, you have the advantage of cash flow while you plan your redevelopment.
Few properties offer this rare combination of immediate income and long-term upside, making it a true gem for both investors and developers.
Zoned T4-R, this property opens the door to multiple high-value strategies. Redevelop into modern townhomes, build a boutique multifamily project, or position a signature single-family residence in a rapidly appreciating area.
The zoning allows for medium-density residential, which means the lot has real flexibility for visionaries looking to maximize returns. With Miami’s rental demand at record highs, the profitability potential here is undeniable, whether you choose to reposition for luxury rentals, condo resale, or a high-yield short-term rental strategy.
Location is everything, and this address sits at the heart of Miami’s most exciting transformations. Just minutes from Wynwood, the Design District, Midtown, and Downtown, residents will have access to world-class dining, shopping, arts, and entertainment. With I-95 only blocks away, commuting across the city is effortless. The surrounding area is buzzing with new developments and revitalization projects, ensuring strong appreciation and long-term value growth. For developers, this is an opportunity to ride the wave of progress and deliver a product in an area that buyers and renters are chasing.
This property is not just a lot, it’s a platform for vision and profitability. Whether you’re holding for income, repositioning the asset, or redeveloping into a new project, 5537 NW 5th Avenue delivers every advantage: location, zoning, rental demand, and growth trajectory. In a market where strategic land plays are increasingly rare, this is your chance to control one of the most promising sites in the Buena Vista / Little Haiti corridor. Don’t miss this rare opportunity to secure a high-growth asset in the path of Miami’s explosive development.
3 Bed | 2 Bath | 1,493 Sq Ft | $600,000
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Avisha Kassir | DRE# 3377551
© Compass 2025. All Rights Reserved. The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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