5510 NW 1st Ave

5510 NW 1st Ave Miami 33127
3 bedrooms | 3 bathroom | 0 half bath | 1,178 sqft

$995,000

Property Details

MLS #
A11939772
Unit #
Address
5510 NW 1ST AVE  map  
Bedrooms
3
Bathrooms
3
Living Area (f2)
1,178
Living Area (M2)
109
Lot Size (f2)
7,650
Year Built
1948
Waterfront
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
A.F. MERRITT
Days On Market
35
Pool
Pets Allowed
N/A
Parking Spaces
2

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

Property Description

Secure a premier footprint in the Buena Vista corridor with this high-elevation, T4-R zoned investment at 5510 NW 1st Ave. Situated on an oversized 7,650 SF corner lot, this is a sophisticated "covered land play" for Miami’s 2026 growth cycle. THE RESIDENCE: A TROPICAL SANCTUARY Fully transformed into a light-filled Wabi Sabi retreat, this home is offered fully furnished and move-in ready; curated designer furnishings are negotiable. Design: Vaulted ceilings in all rooms and 3 full bathrooms in custom, hand-applied Microcement. Security: New oversized hurricane-impact windows and sliding doors throughout. Outdoor Oasis: Designer outdoor shower among mature mango, almond, and avocado trees. A resident blue jay family adds to the charm. Privacy: Rare corner lot with two separate driveways/entrances and a new 6’ fence/gate (currently in permitting). FUTURE DEVELOPMENT UPSIDE Build to 3 Stories: T4-R zoning allows for a 6-unit, three-story project. Apartment Hotel: Utilize Miami’s new "Apartment Hotel" designation for high-turnover rentals. High Yield: Local rental demand is 39% higher than national averages, providing a high-alpha carry while you permit. LOCATION ADVANTAGE Minutes from the Design District and the $3B Little River District, offering world-class connectivity to Miami’s tech and creative hubs. Seller Financing

Property Amenities

Equipment

  • Dryer
  • Microwave
  • Refrigerator
  • Washer

Interior Features

  • First Floor Entry
  • Den/Library/Office
  • Family Room
  • Storage

Exterior Features

  • Fruit Trees
  • Room For Pool

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
12/19/2025 $430,000 $460,000 3 2
12/03/2025 $335,000 $425,000 3 2
12/01/2025 $429,000 $429,000 3 2
11/07/2025 $550,000 $534,999 3 2
09/19/2025 $336,300 $350,000 3 1
09/16/2025 $610,000 $650,000 5 3
08/29/2025 $525,000 $615,000 2 1
08/29/2025 $487,500 $480,000 3 2
08/27/2025 $559,900 $559,900 4 2
08/18/2025 $350,000 $379,900 2 1

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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
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Equal Housing Opportunity  Realtor®