3,100 sqft

$2,500,000

5851 NW 17th Ave, Miami FL, 33142

Price per sqft$806.45

Built in1950

Property size3,100 sqft

Property typeCommercial

Overview

Active

Listed Jun 8, 2026

Updated Jul 22

Prime Development Opportunity – Exceptional Investment Potential Rare opportunity to acquire a prime development site with an additional adjacent lot located at 5861 NW 17th Avenue. Situated in the heart of a rapidly transforming area experiencing billions of dollars in public and private investment, this property presents an outstanding opportunity for developers and investors. With the potential for multi-story residential development, this site is ideal for luxury condominiums, apartment complexes, or a mixed-use project, subject to zoning and municipal approvals. Its strategic location and strong growth trajectory make it a valuable asset for those looking to capitalize on the area’s continued expansion. This is a rare chance to secure a high-potential development site in one of South Florida’s fastest-growing markets. Buyer to verify zoning, density, land use, and all redevelopment possibilities with the appropriate governmental authorities.

Additional information

MLS^® ID: A12033079

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $7,559
Tax Frequency: Annually
Association Fee Frequency: Yearly

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 1:49 PM UTC, 7/22/2026.

Listed by: Firm Luxury Realty INC., 786-901-3198