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3 Beds
3 Baths
1,178 sqft

$995,000

5510 NW 1st Ave, Miami FL, 33127

Price per sqft$844.65
Built in1948
Property size1,178 sqft
Property typeResidential

Overview

Active

Listed Jan 6, 2026

Updated Feb 10

Secure a premier footprint in the Buena Vista corridor with this high-elevation, T4-R zoned investment at 5510 NW 1st Ave. Situated on an oversized 7,650 SF corner lot, this is a sophisticated "covered land play" for Miami’s 2026 growth cycle. THE RESIDENCE: A TROPICAL SANCTUARY Fully transformed into a light-filled Wabi Sabi retreat, this home is offered fully furnished and move-in ready; curated designer furnishings are negotiable. Design: Vaulted ceilings in all rooms and 3 full bathrooms in custom, hand-applied Microcement. Security: New oversized hurricane-impact windows and sliding doors throughout. Outdoor Oasis: Designer outdoor shower among mature mango, almond, and avocado trees. A resident blue jay family adds to the charm. Privacy: Rare corner lot with two separate driveways/entrances and a new 6’ fence/gate (currently in permitting). FUTURE DEVELOPMENT UPSIDE Build to 3 Stories: T4-R zoning allows for a 6-unit, three-story project. Apartment Hotel: Utilize Miami’s new "Apartment Hotel" designation for high-turnover rentals. High Yield: Local rental demand is 39% higher than national averages, providing a high-alpha carry while you permit. LOCATION ADVANTAGE Minutes from the Design District and the $3B Little River District, offering world-class connectivity to Miami’s tech and creative hubs. Seller Financing

$6,620/mo

Est. mortgage payment based on a $995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A11939772

Interior Features

Bedrooms
3
Bathrooms
3

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$10,623
Tax Frequency
Annually
Pets Allowed
Yes

Broker Reciprocity Courtesy of One Sotheby's International Realty

 

Data last updated:2/10/2026.

 

The multiple listing information is provided by FL - Miami Association of REALTORS® (RAMB) from a copyrighted compilation of listings. The compilation of listings and each individual are ©2026FL - Miami Association of REALTORS® (RAMB). All Rights Reserved.

 

The information provided is for consumer's 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.

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