$8,500,000
5445 & 5501 Biscayne Boulevard
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $8,500,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 133
This lot in Bayshore Plaza went under contract with an asking price of $8,500,000. It spent 133 days on the market before going under contract.
Estimated monthly payment
$44,671 /mo
Principal and interest only, based on $1,700,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $8,500,000
- Days on Site
- 133 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.85 Acres
- Property Type
- Land
- MLS #
- A11995871
- Property Tax
- $42,488 (2026)
- Subdivision
- BAYSHORE PLAZA
- County
- Miami Dade
- Status
- Under Contract
About This Property
A rare chance to own a piece of Biscayne Boulevard. Morningside Place is a 0.88-acre corner assemblage at the southern gateway of Miami's MiMo Historic District, one of the city's most characterful and walkable corridors. The vision is already drawn and the approvals are well advanced, so the next owner steps in past the slowest part of the journey.Two designed paths are in play on the same approval base. The first is a lively mixed-use concept: two MiMo-styled buildings with 31 residences above ground-floor shops and dining, joined by a sky bridge and crowned with a shared rooftop terrace. The second is a streamlined all-commercial plan for those who prefer a simpler program. Either way, the architecture and site plan carry the same approvals forward.Designed by DBLewis Architect with land use counsel from Bercow Radell Fernandez & Larkin, the property offers roughly 335 feet of Biscayne frontage, an easy stroll to the neighborhood's celebrated restaurants and cafes, and verified T4-O zoning. A genuinely flexible canvas in a district where opportunities like this rarely come available. Offered at $8,500,000.All information is from sources deemed reliable but is not guaranteed and is subject to buyer’s independent verification. Entitlement, permit, zoning, and waiver approvals are advanced and active, with certain final sign-offs and reviews still in process and subject to change.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Under Contract
- Lot Size (Acres)
- 0.85
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 4801
Exterior Features
- Lot Features
- Central Business District / Corner Lot
Community & HOA
- Utilities
- Electricity Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- City Restrictions
- MLS Area
- 2320
Schools
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Miami Edison
About the Community
- Homes for Sale
- 3
- Under Contract
- 3
- Median List Price
- $4,500,000
- Median $/Sq Ft
- $1,430
- Avg Days on Market
- 16
Frequently Asked Questions
- How do I schedule a tour of 5445 & 5501 Biscayne Boulevard, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 5445 & 5501 Biscayne Boulevard, Miami, FL 33137. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5445 & 5501 Biscayne Boulevard, Miami, FL 33137 still available?
- 5445 & 5501 Biscayne Boulevard, Miami, FL 33137 is currently listed as Under Contract, and has been on the market 133 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5445 & 5501 Biscayne Boulevard, Miami, FL 33137?
- With 20% down ($1,700,000) on the $8,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5445 & 5501 Biscayne Boulevard, Miami, FL 33137 is about $44,671/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5445 & 5501 Biscayne Boulevard, Miami, FL 33137?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5445 & 5501 Biscayne Boulevard, Miami, FL 33137. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 5445 & 5501 Biscayne Boulevard, Miami, FL 33137?
- 5445 & 5501 Biscayne Boulevard, Miami, FL 33137 is zoned for Morningside K-8 Academy (Miami-Dade) (elementary), Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5445 & 5501 Biscayne Boulevard, Miami, FL 33137?
- Often, yes. The right offer on 5445 & 5501 Biscayne Boulevard, Miami, FL 33137 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$8,500,000
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Listed by Benjamin Kunzle, Fausto Commercial Realty Consultants Inc
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Recent Sales
Recently sold homes in Bayshore Plaza
These are the last 6 recorded closings in Bayshore Plaza, with the price each home actually sold for rather than what it was listed at. They closed at a median of $945 per square foot. The most recent closed on August 7, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$3,650,000
Sold · August 7, 2026
5215 Biscayne Boulevard
0 bed · 0 bath
$150,000 under the asking price
Sold$1,825,000
Sold · July 23, 2026
471 NE 53rd Street
5 bed · 3 bath · 2,436 sqft · $749/sqft
$130,000 over the asking price
Sold$1,825,000
Sold · March 31, 2026
492 NE 55th Street
4 bed · 3 bath · 1,932 sqft · $945/sqft
$75,000 under the asking price
Sold$1,460,000
Sold · February 2, 2026
430 NE 52nd Terrace
3 bed · 2 bath · 1,862 sqft · $784/sqft
$130,000 under the asking price
Sold$1,840,000
Sold · December 4, 2025
431 NE 52nd Terrace
3 bed · 2 bath · 1,939 sqft · $949/sqft
$110,000 under the asking price
Sold$3,875,000
Sold · September 30, 2025
621 NE 55th Street
4 bed · 4.5 bath · 2,421 sqft · $1,601/sqft
$75,000 under the asking price
See every recorded sale in Bayshore Plaza or find out what your Bayshore Plaza home is worth.
