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Prime investment opportunity in the heart of Miami’s highly sought-after Design District. Located at 111 NE 50th Street, this property offers exceptional redevelopment potential for investors or end users looking to create a custom luxury residence. The existing structure presents an ideal opportunity for a teardown and new construction, allowing buyers to design and build a modern masterpiece tailored to today’s high-end market. Surrounded by multi-million-dollar homes and ongoing luxury development, this property sits in one of Miami’s fastest-growing and most desirable neighborhoods. Just minutes from world-class dining, luxury retail, art galleries, Wynwood, Midtown, and Miami Beach. A rare chance to secure a lot in a premier location with strong upside potential and long-term value. Ideal for investors, builders, or buyers with vision seeking to capitalize on the demand for luxury new construction in the Design District.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 729 NW 47th Ter | $430,499 | 2/1 | 1,330 | 124 | $0 | ||
| 560 NW 53rd St | $499,000 | 2/1 | 1,050 | 98 | $0 | ||
| 246 NW 39th St | $500,000 | 1.01% | 2/2 | 776 | 72 | $0 | |
| 80 NW 53rd St | $615,000 | 4/2 | 1,634 | 152 | $0 | ||
| 347 NW 42nd St | $629,000 | 4/1 | 1,038 | 96 | $0 | ||
| 818 NW 47th St | $635,000 | 4/3 | 1,517 | 141 | $0 | ||
| 585 NW 51st St | $637,500 | 2/2 | 834 | 77 | $0 | ||
| 547 NW 49th St | $639,000 | 3/2 | 1,230 | 114 | $0 | ||
| 424 NW 53rd St | $649,000 | 3/1 | 1,172 | 109 | $0 | ||
| 575 NW 49th St | $650,000 | 3/2 | 1,172 | 109 | $0 | ||
| 4815 NW 6th Ave | $655,000 | 3/2 | 1,308 | 122 | $0 | ||
| 276 NW 40th St | $659,900 | 3/2 | 1,682 | 156 | $0 | ||
| 500 NW 46th St | $660,000 | 2/1 | 1,098 | 102 | $0 | ||
| 61 NW 53rd St | $675,000 | 3/3 | 1,080 | 100 | $0 | ||
| 5210 NW 5th Ave | $695,000 | 3/2 | 1,599 | 149 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 03/10/2026 | $725,000 | $749,000 | 4 | 2 | 1,781 | 1 month | |
| 03/02/2026 | $405,000 | $400,000 | 2 | 1 | 1,090 | 1 month | |
| 02/25/2026 | $3,000,000 | $3,450,000 | 5 | 4 | 3,404 | 4 months | |
| 02/25/2026 | $660,000 | $680,000 | 2 | 1 | 875 | 4 weeks | |
| 02/13/2026 | $925,000 | $975,000 | 4 | 2 | 1,568 | 7 months | |
| 02/13/2026 | $840,000 | $879,000 | 3 | 2 | 1,461 | 1 month | |
| 02/12/2026 | $765,000 | $850,000 | 4 | 3 | 1,179 | 5 months | |
| 02/03/2026 | $665,000 | $749,000 | 3 | 2 | 1,380 | 2 months | |
| 02/02/2026 | $830,000 | $890,000 | 2 | 2 | 1,316 | 3 weeks | |
| 01/30/2026 | $775,000 | $849,000 | 2 | 2 | 1,329 | 5 months | |
| 01/30/2026 | $530,000 | $499,900 | 3 | 1 | 1,174 | 1 year | |
| 01/29/2026 | $1,650,000 | $1,699,000 | 5 | 2 | 2,017 | 3 months | |
| 01/26/2026 | $595,000 | $890,000 | 4 | 3 | 1,984 | 5 months | |
| 01/23/2026 | $2,000,000 | $2,095,000 | 5 | 3 | 2,266 | 3 months | |
| 01/12/2026 | $825,000 | $849,000 | 4 | 4 | 2,865 | 4 months | |
| 01/09/2026 | $680,000 | $750,000 | 4 | 1 | 1,360 | 2 months | |
| 01/09/2026 | $828,000 | $895,000 | 2 | 2 | 1,259 | 3 months | |
| 12/31/2025 | $690,000 | $769,000 | 3 | 2 | 1,712 | 5 months | |
| 12/31/2025 | $900,000 | $835,000 | 3 | 1 | 1,333 | 1 month | |
| 12/30/2025 | $990,000 | $1,150,000 | 4 | 3 | 1,452 | 7 months |
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