For sale

$550,000

Est. $4,227/mo

Land

•

5,000

sq ft (lot)

1568 SW 5th St, Miami, FL 33135

About this home

Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents. Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living. Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.

Vacant landProperty Type

5,000 sq ftLot Size

$110Price/Sq.Ft.

Listed by Miguel Fuentes • Fausto Commercial Realty Consultants Inc

•305-915-3492 (agent)

•miguel.fuentes002@gmail.com (agent)

•786-748-7373 (broker)

•cfm@faustocommercial.com (broker)

Listed by Mauricio Villasuso • Fausto Commercial Realty Consultants Inc

•786-748-7373 (broker)

•cfm@faustocommercial.com (broker)

Listing updated: Sep 9, 2026 at 11:38pm

Redfin checked: a minute ago

•Source:MARMLS #A12022548

Payment calculator

$4,227 per month

Principal and interest$3,002

Property taxes

$675

HOA dues

Home insurance

$550

Utilities

Add

Affordability tools

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 12PM TO 3PM
$4,450,000
5 beds4 baths3,294 sq ft
4531 N Bay Rd, Miami Beach, FL 33140
7,320 sq ft lot • Parking • Pool
(305) 614-6868
OPEN SAT, 11AM TO 1:30PM
$3,699,000
5 beds5.5 baths3,061 sq ft
864 NE 91st Ter, Miami Shores, FL 33138
0.32 acre lot • 2 garage spots • Pool
(305) 866-4566
OPEN SAT, 11AM TO 1PM
$1,245,000
13 beds10 baths2,360 sq ft
745 NW 32nd Ave, Miami, FL 33125
10 parking spots • Built 1950
(786) 886-1908
OPEN SAT, 11AM TO 1PM
$1,850,000
4 beds3 baths2,892 sq ft
170 NW 105th St, Miami Shores, FL 33150
0.35 acre lot • 2 garage spots • Pool
(305) 757-1700
OPEN SAT, 11AM TO 2PM
$865,000
4 beds2 baths1,581 sq ft
305 NW 111th St, Miami Shores, FL 33168
7,500 sq ft lot • Parking • Built 1952
(954) 545-5583
OPEN SAT, 12PM TO 3PM3D WALKTHROUGH
$3,195,000
5 beds4.5 baths2,513 sq ft
11700 SW 72nd Ave, Pinecrest, FL 33156
0.34 acre lot • 2 garage spots • Pool
(786) 381-3758
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$597,000
5 beds3 baths1,651 sq ft
419 SE 3rd St, Hialeah, FL 33010
6,900 sq ft lot • Parking • Built 1930
(954) 237-0400
OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$5,625,000
4 beds4.5 baths3,718 sq ft
6731 SW 64th Ave, South Miami, FL 33143
0.3 acre lot • 2 garage spots • Pool
(305) 615-1061
OPEN SUN, 2PM TO 4PM
$4,150,000
3 beds2.5 baths2,620 sq ft
5386 Alton Rd, Miami Beach, FL 33140
0.3 acre lot • 2 garage spots • Pool
(305) 503-5275
OPEN NOV 7, 12PM TO 3PM
$569,000
3 beds2 baths1,542 sq ft
13301 NW Miami Ct, Miami, FL 33168
0.25 acre lot • Parking • Built 1952
(305) 931-2224

Interested in buying?

Make a winning offer with the help of a local agent

Around this home

Schools

K - 12
Preschool & daycare

Riverside Elementary Community School

Public PreK-5 • Assigned • 0.5mi

4/10

Jose De Diego Middle School

Public 6-8 • Assigned • 2.8mi

4/10

Booker T. Washington Senior High School

Public 9-12 • Assigned • 1.6mi

3/10

Provided by GreatSchools

About Latin

Quarter

Latin Quarter, located between Brickell Avenue and Biscayne Bay, is a residential and cultural Miami neighborhood with mid-rise condos and waterfront promenades. The neighborhood’s character concentrates around the Brickell City Centre complex at S Miami Ave and SW 8th St, where sidewalk patios, galleries, and chef-driven dining keep the streetscape active. Community pillars include the Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami, and HistoryMiami Museum. Architecture leans contemporary, with glass towers set against older low-rise blocks. Bayfront paths and pocket parks shape a walk-and-pause rhythm. Transit nodes and bike lanes tie daily errands to downtown blocks.

Provided by Walk Score and Local Logic

Property details

Exterior

Exterior features
Lot area approximately 5,000 sq ft

Home design
Property faces north

Sale and tax history for 1568 SW 5th St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$8,354 (+7.7%)

2024

$7,753 (−6.4%)

2023

$8,280 (+47.2%)

$300,000 + $84,284

$384,284

2022

$5,625 (+0.4%)

$300,000 + $84,284

$384,284

2021

$5,601 (+12.4%)

2020

$4,985 (+5.2%)

2019

$4,739 (+13.1%)

2018

$4,190 (+8.5%)

2017

$3,863 (+13.6%)

2016

$3,402 (+1.5%)

$175,000 + $19,976

$194,976

2015

$3,353 (+8.9%)

2014

$3,078 (+12.7%)

2013

$2,732 (+75.1%)

2012

$1,560 (+3.7%)

$50,000 + $53,390

$103,390

2011

$1,505

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,000 Sq. Ft.

Year renovated

1919

Finished Sq. Ft.

1,240

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,240

Year built

1919

Style

Single Family Residential

County

Miami-Dade County

APN

0141020064890

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 14, 2026.

T4-L

General Urban Transect - Limited Zone

The General Urban Zone consists of a Mixed-Use but primarily residential urban fabric with a range of Building types including rowhouses, small apartment Buildings, and bungalow courts. Setbacks are short with an urban Streetscape of wide Sidewalks and trees in planters. Thoroughfares typically define mediumsized blocks.

Permitted uses

Include but are not limited to:

Religious facility
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Mixed use
Office
Research & development
Recreation

Climate risks

4/10 Flood Factor

Estimated 10-16% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 103° expected this year, 28 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Miami, FL • 33135

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

61/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

5.6 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1568 SW 5th St

$513,500

$36K under list price of $550K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $460K to $800K.

SOLD SEP 23, 2026
$460,000 Last sold price
3 beds2 baths1,092 sq ft
71 NW 18th Ave, Miami, FL 33125
smaller lot
SOLD MAR 13, 2026
$570,000 Last sold price
3 beds1 bath1,318 sq ft
248 SW 18th Ct, Miami, FL 33135
SOLD JUN 24, 2026
$575,000 Last sold price
3 beds2 baths1,272 sq ft
860 NW 18th Pl, Miami, FL 33125
smaller lot
SOLD OCT 6, 2026
$515,000 Last sold price
2 beds1 bath1,114 sq ft
915 SW 9th Ct, Miami, FL 33130
smaller lot
SOLD JUL 27, 2026
$565,000 Last sold price
2 beds1 bath1,392 sq ft
2395 SW 2nd St, Miami, FL 33135
larger lot
SOLD JUN 15, 2026
$800,000 Last sold price
4 beds2 baths1,398 sq ft
1441 SW 17th St, Miami, FL 33145

Tour for free, no strings attached

Takes about 5 minutes & won’t affect your credit

Ask a question

(786) 706-7106

Early Access listings

EARLY ACCESSCOMPASS COMING SOON

$2,400,000

5 beds3 baths2,503 sq ft

20420 Highland Lakes Blvd #20420, Miami, FL 33179

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$375,000

2 beds2 baths1,153 sq ft

3731 N Country Club Dr #628, Aventura, FL 33180

EARLY ACCESSCOMPASS COMING SOON

$1,900,000

3 beds4 baths2,623 sq ft

3535 S Ocean Dr #905, Hollywood, FL 33019

EARLY ACCESSCOMPASS COMING SOON

$545,000

3 beds3 baths2,105 sq ft

22862 Ironwedge Dr, Boca Raton, FL 33433

EARLY ACCESSCOMPASS COMING SOON

$1,640,000

2 beds3 baths1,094 sq ft

5875 Collins Ave #1503, Miami Beach, FL 33140

EARLY ACCESSREDFIN COMING SOON

$338,000

3 beds2 baths1,513 sq ft

10961 SW Dunhill Ct, Port St Lucie, FL 34987

Nearby similar homes

NEW CONSTRUCTION

$699,000

4 beds2 baths— sq ft

1552 NW 51st Ter, Miami, FL 33142

Expansive driveway • Spacious yard • New construction

(754) 701-0275

$795,000

Land— sq ft

120 NW 7th Ave, Miami, FL 33128

Zoned t6-8-r • High visibility • Strong rental demand

(305) 662-7325

NEW CONSTRUCTIONVIDEO TOUR

$6,490,000

5 beds5.5 baths4,651 sq ft

3579 Avocado Ave, Miami, FL 33133

New construction • Tropical landscaping • Designer kitchen

(305) 667-4815

$1,800,000

Land— sq ft

559 NW 34th St, Miami, FL 33127

Listed 89 days

(786) 748-7373

$2,500,000

Land— sq ft

4875 NW 22nd Ave, Miami, FL 33142

Listed 34 days

(305) 534-4242

$21,500,000

Land— sq ft

333 NE 23rd St, Miami, FL 33137

Zoned t6-36a-o • Listed 73 days

(305) 635-3005

New listings for sale in 33135

$700,000

18 beds9 baths3,168 sq ft

2993 SW 2nd St, Miami, FL 33135

Legal duplex • 100 sf lot • Renovation potential

(786) 748-7373

$880,000

3 beds1.5 baths1,231 sq ft

3052 SW 6th St, Miami, FL 33135

6,750 sq ft lot • 5 garage spots • Built 1938

(305) 763-6580

OPEN SUN, 11AM TO 2PM

$799,000

3 beds3 baths1,645 sq ft

2217 SW 11th St, Miami, FL 33135

Completely remodeled • Italian ceramic tile • Full wood cabinetry

(305) 207-5777

$1,195,000

10 beds10 baths1,874 sq ft

3221 W Flagler St, Miami, FL 33135

4 parking spots • Built 1957 • Listed 3 days

(786) 631-5815

COMING SOON

$1,149,000

4 beds2 baths2,040 sq ft

630 SW 33rd Ave, Miami, FL 33135

Legal duplex • Income potential • Generous lot

(888) 883-8509

$619,000

2 beds1 bath1,392 sq ft

2800 SW 11th St, Miami, FL 33135

Functional layout • Near restaurants • Near schools

(786) 477-4715

$850,000

4 beds3 baths1,852 sq ft

2918 SW 2nd St, Miami, FL 33135

Open-concept layout • Spacious interiors • 7,500 sq ft lot

(305) 603-7739

$700,000

4 beds3 baths3,296 sq ft

1676 SW 10th St, Miami, FL 33135

Three unit property • Single family zone • Excellent condition

(786) 748-7373

$800,000

5 beds3 baths1,436 sq ft

1478 SW 2nd St, Miami, FL 33135

5 • 000 sf corner lot • Zoned t4-l

(786) 748-7373

Details provided by MARMLS and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

33134 homes for sale
33139 homes for sale
33155 homes for sale
33143 homes for sale
33133 homes for sale

Little Havana homes for sale
Riverside Community homes for sale
Latin Quarter homes for sale
West Miami homes for sale

Houses for rent in Miami	Agents near me	Sarasota, FL homes for sale	Miami Housing Market
Houses for sale near me	Orlando, FL homes for sale	Fort Lauderdale, FL homes for sale
Land for sale near me	Tampa, FL homes for sale	Boca Raton, FL homes for sale
Open Houses near me	Miami, FL homes for sale	Miami Property Records
Condos for sale near me	Jacksonville, FL homes for sale	FL New Listings

Miami Beach homes for sale
Fort Lauderdale homes for sale
Hollywood homes for sale

About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Interested in buying?

Around this home

Schools

Property details

Sale and tax history for 1568 SW 5th St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1568 SW 5th St

Early Access listings

Nearby similar homes

New listings for sale in 33135

More real estate resources