7715 NE 5th Ave Miami, FL $ 1,499,000
7715 NE 5th Ave
$ 1,499,000
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7715 NE 5th Ave

Miami, FL, 33138
$ 1,499,000
Bedrooms2 Baths1.0 Sq 2,346

Monthly Estimate*

$ 9,230

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Multi-Family Home for sale in Miami, FL

for $1,499,000 with 2 bedrooms and 1 full bath. This 2,346 square foot home was built in 1937.

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.

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Multi-Family Contingent

Price

$ 1,499,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 14,217

Style

Year Built

1937

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11959487

Features
General
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Cable Not Available
Possession ClosingFunding Close Of Escrow
Roof Other
Pool Features None
Construction Materials Block
Year Built 1937
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2024
Waterfront Features Canal Front Fixed Bridge Ocean Access
County Miami-Dade
Property Type Residential Income
Contingency No Contingencies
Subdivision Name FEDERAL WAY AMD
Rent Includes Trash Collection
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active Under Contract
City Miami
Zoning Description 0104
Number Of Units Total 1
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Effective Year Built
Tax Annual Amount 14217
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11959487
Standard Status Active Under Contract
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description FEDERAL WAY AMD PB 25-6 LOT 12 BLK 5 LOT SIZE 50.000 X 181 OR 15190-195 0891 1
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Interior
Flooring Tile
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features Item14Acre
Total Parking 3
Building Area Total 2346
Frontage Length 50
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Biscayne Real Estate Group Inc

Broker

buyers1strealty@gmail.com

Email

Affordability Calculator

$10,414
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,230
Monthly Property Taxes
$1,185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$1,499,000 Listed Price

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7715 NE 5th Ave, Miami, FL, 33138 is a Multi-Family Home for sale at $1,499,000 with 2,346 sqft. 7715 NE 5th Ave has 2 bedrooms, 1.0 baths, and was built in 1937. The property's zip code is 33138 which is in Miami, FL