$422,000

920 51st St, Miami, FL 33127

On market
8 days on market
MLS #
A12088537

Beautiful 8,100 SF residential lot with mature avocado trees, located in a quiet neighborhood. The previous home was demolished, offering a great opportunity to build a new single-family residence. Power and water connections were previously available and may be restored. Close to Downtown and Design district. Property is being offered with no known liens, open permits, or violations. Zoned T3-L (Sub-Urban Zone – Limited), primarily intended for single-family residential use and potentially allowing an ancillary unit, subject to applicable zoning requirements, size limitations, setbacks, and approvals. Buyer and Buyer’s Agent are responsible for verifying zoning, permitted uses, utilities, and development requirements with the appropriate municipality.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Position in the area’s price distributionThe asking price is $422,000; the median of recorded sales in the area is $1,200,000 (936 sales). On raw price that is 65% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$126,600
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$1,955
Loan amount
$295,400
Total interest over the term
$408,542
Total repaid
$703,942

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

LoKation

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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