$1,160,000
Sold · July 10, 2026
7715 NE 5th Avenue
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,160,000
- Vs. list price
- 22.6% under
- Days on market
- 56
- Price per sq ft
- $494
This multi-family property in Federal Way Amd sold for $1,160,000 on July 10, 2026. That was 22.6% below its final list price of $1,499,000. It spent 56 days on the market.
Listing Snapshot
- Sold Price
- $1,160,000
- Sold On
- July 10, 2026
- Days on Site
- 56 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,346 sqft
- Total Sq Ft
- 2,346 sqft
- Year Built
- 1937
- Property Type
- Multi-Family
- MLS #
- A11959487
- Property Tax
- $14,217 (2024)
- Subdivision
- FEDERAL WAY AMD
- County
- Miami Dade
- Status
- Sold
About This Property
Investors Special | Waterfront land | Single Family - Anciliary Unit zoning. Emerging submarket. Priced at land value. Rare opportunity to secure a 9,050 SF waterfront corner parcel in the rapidly appreciating Upper Eastside / Little River / Miami Shores corridor — one of Miami’s most active areas for redevelopment and new construction. Positioned with 50 feet of frontage on the Little River Canal, a navigable waterway with fixed bridge access to the Intracoastal and open bay, this site offers both lifestyle appeal and strong resale/rental demand — a combination that’s increasingly difficult to find at this price point.Zoning & Development Potential - Zoned T3-L Single-Family + Ancillary Unit (ADU), allowing multiple value-add strategies: Luxury custom waterfront spec home; Main residence + guest house; Short/long-term rental configuration; Modern townhouse-style concept (verify with city); formerly zoned R-3. Hold for appreciation as land in a transitioning neighborhood. Minutes from Ironside, MiMo District, Biscayne Blvd retail, and the Design District, the area continues to attract investors. Ideal for builders, developers, or long-term investors looking to create or capture upside in a high-growth pocket of Miami. Existing duplex predates current zoning. Currently used as three units. Site includes a cut-in slip with old coral rock boat house.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1937
- Number of Stories
- 1
- Living Sq Ft
- 2,346
- Total Sq Ft
- 2,346
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Zoning
- 0104
Interior Features
- Cooling
- Other
- Heating
- Other
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Other
- Waterfront
- Yes
- Waterfront Features
- Canal Front / Ocean Access / Other
- Frontage
- Waterfront
- Frontage Length
- 50.00 ft
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
Schools
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Miami Edison
Features & Amenities
About the Community
Federal Way Amd is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,100,000 to $1,300,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Federal Way and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 7
- Median List Price
- $985,000
- Median $/Sq Ft
- $523
- Avg Days on Market
- 176
Frequently Asked Questions
- How do I schedule a tour of 7715 NE 5th Avenue, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 7715 NE 5th Avenue, Miami, FL 33138. 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 7715 NE 5th Avenue, Miami, FL 33138 still available?
- 7715 NE 5th Avenue, Miami, FL 33138 is currently listed as Sold, and has been on the market 56 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 7715 NE 5th Avenue, Miami, FL 33138?
- With 20% down ($299,800) on the $1,499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7715 NE 5th Avenue, Miami, FL 33138 is about $7,878/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 7715 NE 5th Avenue, Miami, FL 33138?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7715 NE 5th Avenue, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 7715 NE 5th Avenue, Miami, FL 33138?
- 7715 NE 5th Avenue, Miami, FL 33138 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 7715 NE 5th Avenue, Miami, FL 33138?
- Often, yes. The right offer on 7715 NE 5th Avenue, Miami, FL 33138 depends on how it's priced against comparable multi-family 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 Biscayne Real Estate Group 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 July 1, 2026.
$1,160,000
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Listed by William K Griffith, Biscayne Real Estate Group Inc
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Recent Sales
Recently sold homes in Federal Way Amd
These are the last 6 recorded closings in Federal Way Amd, with the price each home actually sold for rather than what it was listed at. They closed at a median of $637 per square foot. The most recent closed on September 4, 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$865,000
Sold · September 4, 2026
451 NE 73rd Street
3 bed · 2 bath · 1,358 sqft · $637/sqft
$9,999 under the asking price
Sold$821,000
Sold · August 10, 2026
454 NE 76th Street
3 bed · 2 bath · 970 sqft · $846/sqft
$78,000 under the asking price
Sold$965,000
Sold · July 24, 2026
434 NE 77th Street
2 bed · 2 bath · 1,346 sqft · $717/sqft
$23,000 under the asking price
Sold$610,000
Sold · June 5, 2026
424 NE 72nd Street
4 bed · 2 bath · 1,884 sqft · $324/sqft
$365,000 under the asking price
Sold$750,000
Sold · January 15, 2026
560 NE 77th Street
4 bed · 3 bath · 1,781 sqft · $421/sqft
Sold$465,000
Sold · December 23, 2025
7520 NE 5th Avenue
2 bed · 2 bath · 1,519 sqft · $306/sqft
$134,000 under the asking price
See every recorded sale in Federal Way Amd or find out what your Federal Way Amd home is worth.
