1542 NE 1st Avenue, Miami, FL 33132
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: alexander sherman
Office: affinity international realty
MLS#:A11522979
Source:RMLS
Price summary
- Price:$12,500,000
About this home
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.
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Home facts
- Listing ID #:A11522979
- Added:5 day(s) ago
- Updated:June 15, 2026 at 07:25 AM
Structure and exterior
- Lot area:0.43 Acres
Schools
- High school:Booker T. Washington
- Middle school:Jose De Diego
- Elementary school:Phillis Wheatley
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$12,500,000
- Tax amount:$105,099 (2022)
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