Atlantic Luxury AdvisorsKeller Williams Realty Services

16 photos

2939 SW 5th St

Miami, FL 33135

$1,000,000
4
3
1,555 sq ft
10,023 sq ft
1958
Single Family Residence
133
Active

Listing courtesy of Coldwell Banker Realty. Contact: 305-667-4815.

About this home

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.

Virtual tour
What it costs to own
Estimated monthly payment
$7,160/mo
Principal and interest
$5,057
Property tax
$1,478
Homeowners insurance
$625
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$17,731/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.