Commercial Land at 309 NE 54th St, Miami FL 33137

Prime corner commercial land on 54th Street near Biscayne Blvd, zoned T5O for residential and commercial use in a growing Miami area.

$1,600,000

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MLS #A11744811

Listing Updated: 2026-07-10 12:36:07

Listed By: LL10X Realty

Overview

This commercial land parcel located at 309 NE 54th St in Miami offers a valuable development opportunity in a rapidly evolving neighborhood. Positioned on a corner lot within walking distance to Biscayne Boulevard, the site benefits from excellent visibility and accessibility. Zoned T5O, the property allows for a mix of residential and commercial uses, providing flexibility for various development plans. The area is experiencing increased demand due to its proximity to key Miami destinations and ongoing urban revitalization efforts. This land is well-suited for investors and developers looking to capitalize on Miami’s dynamic real estate market.

Property Highlights

Corner lot on 54th Street; Walking distance to Biscayne Blvd; Zoned T5O for mixed residential and commercial use; Located in a rising Miami neighborhood; Development opportunity.

Property Details

City: Miami

State: FL

Zip Code: 33137

Address: 309 NE 54th St, Miami FL 33137

Year Built:

Property Type: Commercial Land

Property Sub Type: Commercial

Listing Office Name: LL10X Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $8,123

Days On Market: 478 Days

Original Listing Description

Corner Lot on 54th Street walking distance to Biscayne Blvd. Development opportunity in highly sought after rising area.Zoned T5O for Residential/Commercial

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

309 NE 54th St, Miami FL 33137

About This Neighborhood

Situated in a rapidly developing part of Miami, this property benefits from proximity to Biscayne Boulevard, a major corridor known for its vibrant commercial activity and urban lifestyle. The neighborhood is characterized by ongoing revitalization, attracting new businesses, restaurants, and residential developments. Its location offers convenient access to downtown Miami and other key areas, making it an appealing choice for developers and investors seeking growth markets within the city.

Walkability & Lifestyle

This commercial land is within walking distance of Biscayne Boulevard, providing easy access to shops, dining, and public transit options. The neighborhood supports a pedestrian-friendly lifestyle with nearby amenities and urban conveniences. Residents and visitors can enjoy strolls to local businesses and entertainment venues, enhancing daily living experiences.

Things To Do Nearby

The location offers proximity to Miami’s waterfront areas, cultural attractions, and vibrant dining scenes along Biscayne Boulevard. Outdoor activities, including parks and marinas, are accessible nearby, providing a balanced urban lifestyle. The area supports a variety of recreational and entertainment options suitable for residents and visitors alike.

Nearby Schools

The property is located in Miami, where access to a variety of public and private schools is available within reasonable commuting distances. Families and developers can benefit from the educational infrastructure nearby, supporting community growth and residential appeal. School options in the area contribute to the neighborhood’s attractiveness for future residents.

Why Buyers Like This Area

Buyers appreciate this property for its strategic corner location and zoning flexibility, which allow for diverse development projects. The neighborhood’s ongoing growth and proximity to Biscayne Boulevard make it a practical choice for commercial and mixed-use development. Accessibility and visibility are key factors that enhance the property’s appeal among developers and investors.

Investment Potential

This commercial land in Miami’s 33137 area presents a promising development opportunity due to its zoning flexibility and location near Biscayne Boulevard. The T5O zoning allows for both residential and commercial projects, appealing to a broad range of developers. As the neighborhood continues to grow and attract new businesses and residents, demand for well-positioned land parcels is expected to remain steady. Buyers interested in long-term development potential will find this property’s corner location and accessibility valuable for various commercial or mixed-use projects.

Market Trends

The Miami commercial real estate market in the 33137 ZIP code is showing steady interest from developers and investors, driven by urban renewal and increasing demand for mixed-use spaces. Properties with flexible zoning such as T5O are particularly attractive as they allow for diverse development options. Market conditions favor well-located land parcels near major thoroughfares like Biscayne Boulevard, where accessibility and visibility contribute to sustained buyer interest.

Rental Income Potential

While this listing is commercial land, its zoning for residential and commercial use suggests potential for future rental opportunities once developed. The area’s growing popularity and proximity to key Miami destinations support tenant demand for both residential and commercial spaces. Investors considering development can explore options that cater to seasonal and long-term tenants, benefiting from Miami’s diverse rental market.