$700,000

1520 1st Ct, Miami, FL 33136

On market
229 days on market
MLS #
A11976342

520 NW 1st Ct presents a compelling development opportunity in Miami’s urban core. This vacant land site is positioned in a rapidly evolving area near Downtown Miami, Overtown, Wynwood, the Health District, and major transportation corridors, making it attractive for builders, investors, and developers seeking infill potential. The property offers strong proximity to employment centers, transit, retail, dining, and cultural destinations, supporting long-term demand and future growth. Ideal for those looking to capitalize on Miami’s continued expansion and redevelopment momentum. Buyers should conduct their own due diligence regarding zoning, land use, density, setbacks, parking, utilities, and overall development feasibility. Excellent opportunity to secure a well-located parcel in a high-demand market with upside potential for residential or mixed-use consideration, subject to municipal approval. Centrally located with convenient access to I-95, SR 836, Miami International Airport, Downtown, Brickell, and the Civic Center area. Whether for immediate planning or long-term hold, this site offers strategic positioning in one of Miami’s most active growth corridors.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Position in the area’s price distributionThe asking price is $700,000; the median of recorded sales in the area is $575,000 (730 sales). On raw price that is 22% above the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33136, 33142 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$210,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$3,393
Loan amount
$490,000
Total interest over the term
$731,358
Total repaid
$1,221,358

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Guillen

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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