2939 5th St, Miami, FL 33135

Description

Located on an oversized 10,023 SF corner lot in Little Havana, this T3-O zoned property offers outstanding flexibility for both investors and developers. Miami 21 zoning permits single-family, duplex, and accessory dwelling unit (ADU) uses, while the surrounding mix of higher-density and multi-family developments encourages buyers to explore future rezoning potential. The existing property features a 3-bedroom, 2-bathroom main residence plus a 1-bedroom, 1-bathroom apartment, offering approximately 1,555 SF of living area (1,617 SF total). The flexible layout provides the option to generate rental income or occupy the property while planning its next chapter. A fenced yard, concrete patio, and expansive lot further enhance its versatility. Just minutes from Calle Ocho, Coral Gables, Downtown Miami, Brickell, and SR-836, this central location places dining, shopping, entertainment, and major commuter routes all within easy reach.