Home » Properties » 555 NE 147th St, Miami FL 33161

01816e14d54839480f074a69d35424e2_01816e14d54839480f074a69d35424e2-m1_5bed56a8b78719c262c1a820594ef36f-83dcefb7

01816e14d54839480f074a69d35424e2_01816e14d54839480f074a69d35424e2-m2_ec6d9652c9533265368e934482606a42-1ad5be0d

555 NE 147th St, Miami FL 33161 - Land for Sale

Prime residential land at 555 NE 147th St, Miami, allowing up to 4 units with potential for more after zoning approval.

$399,999

Interested in this property?

Contact our team to schedule a private tour or request additional information about this property.

Schedule a Tour Contact Agent

$ Mortgage Calculator ● WhatsApp

Florida Local Time --:--

MLS #A11868338

Listing Updated: 2026-07-15 06:30:01

Listed By: Legacy Group Real Estate, LLC.

Overview

This residential land parcel located at 555 NE 147th St in Miami offers a compelling development opportunity. The lot currently permits construction of up to four residential units by right, with the possibility of additional units pending completion of the zoning process. Sewer and water connections are readily accessible, facilitating a smoother development timeline. The site is well-positioned for a multi-family building such as a four-plex or a larger residential structure, making it suitable for developers looking to build in a growing Miami neighborhood.

Property Highlights

Residential land with up to 4 units allowed by right; potential for more units after zoning; sewer and water available; ideal for multi-family development.

Property Details

City: Miami

State: FL

Zip Code: 33161

Address: 555 NE 147th St, Miami FL 33161

Year Built:

Property Type: Land/Boat Docks

Property Sub Type: Residential

Listing Office Name: Legacy Group Real Estate, LLC.

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $4,912

Days On Market: 282 Days

Original Listing Description

Great development opportunity, 4 units are allowed to be built on the lot by right, with completion of a zoning process more units possible. Great location for a large cash flowing four-plex or larger building . Sewer and Water readily accessible. Please see attachments for better quality plans.

Property Location

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

555 NE 147th St, Miami FL 33161

About This Neighborhood

Located in Miami's 33161 ZIP code, this site benefits from a residential neighborhood with growing development activity. The area offers convenient access to local amenities and transportation routes, making it attractive for future residents. Miami's diverse community and expanding infrastructure contribute to the neighborhood's appeal for residential projects.

Walkability & Lifestyle

The neighborhood offers reasonable walkability to local shops, dining options, and community services. Residents can enjoy nearby parks and recreational areas, contributing to a balanced lifestyle. The site's location supports daily convenience for future occupants.

Things To Do Nearby

Miami's vibrant lifestyle includes beaches, waterfront activities, cultural venues, and diverse dining experiences. Residents near 555 NE 147th St can access these amenities, enhancing quality of life and leisure options.

Nearby Schools

The surrounding Miami area provides access to various educational institutions, offering convenience for families and residents. Proximity to schools enhances the attractiveness of residential developments, supporting community growth and resident needs.

Why Buyers Like This Area

Buyers appreciate this location for its development potential and access to Miami's amenities. The ability to build multiple units with available utilities makes it a practical choice for developers and investors focused on residential projects.

Investment Potential

This land parcel presents a solid opportunity for residential development in Miami, with up to four units allowed by right and potential for additional units after zoning approvals. Its location supports multi-family housing, appealing to developers aiming to meet local housing demand. The availability of sewer and water connections reduces development hurdles, enhancing the site's usability. While rental income is not guaranteed, the area's steady demand for housing suggests favorable tenant interest for completed projects.

Market Trends

Miami's real estate market continues to attract interest due to its dynamic growth and demand for housing. Land parcels that allow multi-unit development are particularly sought after. Inventory in desirable neighborhoods remains competitive, and properties with ready utilities like sewer and water connections are positioned well for timely development.

Rental Income Potential

The property's location in Miami supports rental demand, especially for multi-family housing. Seasonal fluctuations may affect occupancy, but the area's accessibility and amenities typically attract tenants. Developers should consider market conditions and tenant preferences when planning projects to maximize usability and appeal.