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5950 Sunset Dr South Miami, FL 33143

236-unit mixed-use, site plan approved.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 0.56-acre commercial land parcel, located at 5950 Sunset Dr in South Miami, Florida (zip code 33143, APN 09-4036-026-0010), presents a prime opportunity for high-rise development. The property boasts a fully approved site plan for a 236-unit, 21-story mixed-use project, perfectly situated within a Transit-Oriented Development (TOD) zone designated TODD MU-5 (Transit-Oriented Mixed-Use). Its strategic location offers excellent accessibility, proximate to Downtown South Miami and the South Miami Metrorail Station, placing it within a thriving multifamily submarket exhibiting strong rental demand and consistent growth, with rents exceeding $5.00 per square foot. This high-density development site benefits from favorable zoning regulations and exceptional economic and demographic indicators, making it an attractive investment with significant potential for long-term returns. The property's proximity to major employment centers and lifestyle amenities further enhances its desirability and investment appeal. This is a generational opportunity to shape South Miami's skyline.

Highlights

  • Prime South Miami high-rise development site.
  • Excellent accessibility and strategic location.
  • Strong rental market with significant growth potential.
  • High-density zoning allows for maximum development.
  • Exceptional economic and demographic trends.
  • Near major employment centers and lifestyle amenities.

Property Details for 5950 Sunset Dr

Property type
Land
Lot Size (sq. ft)
24,394 SF

Location Insight

City
South Miami
County
Miami-Dade
State
Florida
Latitude
25.7040216
Longitude
-80.2909886

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FAQs

What type of property is this?
Land - 236-unit mixed-use, site plan approved.
Where is the land located?
The property is located at 5950 Sunset Dr South Miami, FL.
What are key features of this property?
This property features: Prime South Miami high-rise development site.; Excellent accessibility and strategic location.; Strong rental market with significant growth potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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(954) 938-1806

Contacts

David Duckworth
David Duckworth
Philip Shapiro
Philip Shapiro
Brian de la Fé
Brian de la Fé
John Crotty
John Crotty
Michael Fay
Michael Fay
Visit Broker Website

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Useful Information

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Sunset Dr
South Miami, FL 33143

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Sunset Dr
South Miami, FL 33143

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5950 Sunset Dr
  • David Duckworth
    David Duckworth
  • Philip Shapiro
    Philip Shapiro
  • Brian de la Fé
    Brian de la Fé
  • John Crotty
    John Crotty
  • Michael Fay
    Michael Fay
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