Basic Information

  • MLS # A11959487
  • Type Townhouse
  • Subdivision/Complex Federal Way Amd
  • Year Built 1937
  • Total Sqft 2,346
  • Date Listed 02/06/2026
  • Days on Market 6
Description

Investors Special | Waterfront land | Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor — one of Miami’s most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand — a combination that’s increasingly difficult to find at this price point. Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors. Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • WF Description Canal Front, Fixed Bridge, Ocean Access
  • Parking Description

Interior Features

  • Adjusted Sqft 2,346Sq.Ft
  • Sqft 2,346 Sq.Ft

Property Features

  • Aprox. Lot Size 2,346
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Federal Way Amd
  • Tax Amount $14,217
  • Tax Year 2024

7715 NE 5th Ave

Miami, FL 33138

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