Home » Properties » 5807 NW 17th Ave, Miami FL 33142

Prime Commercial Land Opportunity in Miami’s Growing NW 17th Ave

Exceptional commercial land offering 12,314 sq ft in Miami’s vibrant NW 17th Ave corridor, zoned for multifamily development up to 18 units.

$1,199,000

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MLS #A11827359

Listing Updated: 2026-06-20 00:28:22

Listed By: Sustainable RE, LLC.

Overview

Located at 5807 NW 17th Ave in Miami, this commercial land parcel totals 12,314 square feet combining two adjacent lots. Zoned T5-O, the property allows up to five stories and 18 multifamily units, making it ideal for developers and investors looking to capitalize on Miami’s expanding neighborhoods. This sizable lot offers flexibility to create residential or mixed-use projects in a flourishing area known for its urban lifestyle and connectivity. The location puts future residents within easy reach of many local amenities and transit options, underscoring its development appeal.

Property Highlights

12,314 sq ft combined lot size, T5-O zoning with development rights for up to 18 units and 5 stories, situated in a rapidly evolving Miami neighborhood near key amenities and transit.

Property Details

City: Miami

State: FL

Zip Code: 33142

Address: 5807 NW 17th Ave, Miami FL 33142

Year Built:

Property Type: Commercial Land

Property Sub Type: Income/MultiFamily

Listing Office Name: Sustainable RE, LLC.

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $7,647

Days On Market: 348 Days

Original Listing Description

Developers and investors, take a look at this great lot in the heart of Miami! This listing combines 5807 NW 17th ave and 5817 NW 17th Ave for a combined 12,314 square feet! With T5-O zoning, you are allowed to build up to 18 units in a building up to 5 stories! This gives you the flexibility you need to create a cash cow that is sure to appreciate in one of the most up and coming areas of Miami. Lots this size do not come on the market often, so don't miss the chance to guarantee a great investment! Seller must do their due diligence.

Property Location

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

5807 NW 17th Ave, Miami FL 33142

About This Neighborhood

Situated in Miami’s NW 17th Ave corridor, this property benefits from the neighborhood’s transition into a lively urban enclave. The area offers an eclectic mix of local businesses, increasing walkability, and access to essential services. Its convenient location connects residents to both the city center and surrounding communities, making it an increasingly popular choice for multifamily living.

Walkability & Lifestyle

The property benefits from increasing walkability as the NW 17th Ave corridor expands with new shops, eateries, and transit stops nearby. Future residents could easily access local restaurants and retail without relying heavily on cars, fitting well with current urban lifestyle preferences.

Things To Do Nearby

Nearby entertainment includes a mix of dining options, local parks, and cultural venues that reflect Miami’s diverse character. Outdoor enthusiasts will appreciate proximity to green spaces and recreational areas while social opportunities accumulate as the neighborhood continues to develop.

Nearby Schools

For families considering future residence, the neighborhood offers access to several schools within reasonable distance, facilitating convenient daily transportation. This complements the family-friendly atmosphere emerging as the area grows, adding to the location’s appeal for residents with children.

Why Buyers Like This Area

Buyers and developers value this property’s strong zoning that supports a mid-rise build, its substantial lot size in an upwardly mobile Miami area, and the connectivity to urban amenities. The potential to shape a multifamily community in an evolving neighborhood adds attraction for those aiming to meet local housing needs.

Investment Potential

This commercial lot presents a solid opportunity for those interested in Miami's dynamic real estate market. The combined size and zoning allow for a substantial multifamily development, which can appeal to the growing demand for housing in this area. While exact returns vary, the property’s location in a repositioning neighborhood supports long-term value growth. Due diligence will help clarify specific project potential.

Market Trends

Miami’s real estate market continues to evolve with neighborhoods like NW 17th Ave gaining interest for redevelopment and multifamily projects. The zoning flexibility of this property aligns with larger trends towards mid-rise urban housing. Investors and developers drawn to growing urban centers will find the area’s demographic shifts and infrastructure improvements noteworthy.

Rental Income Potential

The zoning and location position this site well for rental housing catering to millennials and young professionals seeking proximity to work, transit, and amenities. Seasonal demand from Miami’s diverse population may also enhance rental appeal. While specific income depends on final development plans, the property’s multifamily potential supports stable occupancy prospects.