1568 SW 5th St, Miami FL 33135, MIAMI, FL, 33135
Active81 days on marketListed May 20, 2026MLS #A12022548
About this home
1568 SW 5th St, Miami FL 33135
Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.
Facts & features
The home at a glance
0.11 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,316 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,316/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Little Havana
Get to know Miami. See the full Miami guide →
Little Havana — neighborhood snapshot
Population
54,255
Median age
44
Median income
$39,361
Median home value
$454,868
Avg household
2
Households w/ children
5,256
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 114% above the MIAMI 33135 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 1568 SW 5th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$400,000
420 SW 13th Ave, Miami FL 33135 · same community
3 bd · 1 ba · 1,040 sqft · $385/sqft · 268 DOM
Sold · Dec ’25$350,000
315 SW 14th Ave, Miami FL 33135 · same community
2 bd · 1 ba · 1,082 sqft · $323/sqft · 35 DOM
Sold · Jun ’26$451,000
1658 NW 1st St # A, Miami FL 33125 · same community
3 bd · 2 ba · 1,300 sqft · $347/sqft · 14 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1568 SW 5th St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1568 SW 5th St — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1568 SW 5th St FAQs
What would the monthly payment be for 1568 SW 5th St, Miami FL 33135?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,316/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1568 SW 5th St, Miami FL 33135?+
The most recent tax bill on record (2025) was $8,103. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $550,000, this home is listed about 10% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1568 SW 5th St, Miami FL 33135?+
Riverside Elementary School (elementary), Booker T. Washington Senior High (high), District Instructional Center (Dic) (), Jose De Diego Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Fausto Commercial Realty Consultants Inc · Miguel Fuentes. MLS #A12022548.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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