$12,500,000
1542 NE 1st AVE, Miami FL 33132
Residential
18,900 Square Feet lot
660 days on market
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
Exterior
- Lot Features: City Location | Corner Location | Near Airport | Near Seaport | Less Than 1 Acre
- Waterfront: No
Location
- City: Miami
- County: Miami-Dade County
- State: FL
- Road Frontage (Length/Type): 180 Legal Access Road | City/County Maintained
- Zoning: T6-24-0 A
Construction
- New Construction: No
- Utilities: Cable Connected | Electricity Connected | Sewer Connected | Water Connected | Electricity Available | Other | Sewer Available | Water Available
- Sewer: Public Sanitation
- Water Source: Municipal Water
Public Info
- Lot Size: 18,900 Square Feet
- APN: 01-31-36-005-0900
Tax Information
- Annual Tax Amount: $105,099
- Tax Year: 2022
Price History
| 2/24/2026 |
Pending Sale
Source: Miami REALTORS® |
$12,500,000 |
Walk Score
94
Walker's Paradise
84
Very Bikeable
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor