Home/Search/1542 NE 1st AVE, Miami FL 33132
1542 NE 1st AVE, Miami FL 331321 / 8
For Sale
Residential

$12,500,000

1542 NE 1st AVE, Miami FL 33132

0.44 ac

Acres

T6-24-0 A

Zoning

Residential

Sub Type

About This Property

Incredible Development Opportunity in the Vibrant Arts & Entertainment District! This prime property, located in an Opportunity Zone, offers a unique chance for savvy investors. With permitted buildable units reaching up to 216 for residential or 433 for hotel units, the potential is boundless. This prime 18,900 SF parcel is this is truly a Developer's Dream. Nestled in Miami's most sought-after neighborhood, capitalize on the advantage of the city's highest density zoning. Whether envisioning a striking Condo Tower, a thriving Apartment Rental Building, or a luxurious Hotel, this site holds immense promise for a groundbreaking project. Seize the opportunity to shape the future of Miami's skyline and be a part of this dynamic and rapidly growing community.

Property Details

MLS #:A11522979
Price:$12,500,000
Original Price:$13,000,000
Status:For Sale
Days on Market:666
Date Listed:Jan 29, 2024
Lot Size:18900 sqft
Lot Acres:0.44 acres
Property Type:Commercial Land
Property Sub Type:Residential

Virtual Tour:Available

Structure Type:Residential
Lot Features:City Location, Corner Location, Near Airport, Near Seaport, Less Than 1 Acre
Lot Size:18900 sqft
Sewer:Public Sanitation
Water Source:Municipal Water
Utilities:Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Other, Sewer Available, Water Available

Area/Region:Robbins Graham & Chillings
Zoning:T6-24-0 A

Annual Tax Amount:$105,099
Tax Year:2022
Possession:Negotiable
Parcel Number:01-31-36-005-0900
Legal Description:ROBBINS-GRAHAM & CHILLINGSWORTH PB A-49 1/2 LOT 4 BLK 13 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 6300 SQ FT M/L OR 20351-4
REsource

REsource

Real Estate Source Company

Interested in this property? Contact us today for a private showing.

Location

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Listing courtesy of Affinity International Realty. Data last updated September 23, 2026 at 07:05 PM.