1552 NW 15th Ave, Miami, FL 33125

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1552 NW 15th Ave,Miami, FL 33125
$1,500,000
Virtual Tour
  • 0.12 Acres
  • Lots / Land
  • Active
Listed by: brian carter pa
Office: douglas elliman305-677-5000
MLS#:A12061585
Source:SEFMLS

Price summary

  • Price:$1,500,000

About this home

Develop 45 units in Miami Hospital District 5 blocks to Miami River Landings, Publix, Planet Fitness and 5 blocks to the U-heath | Jackson Metro-Mover Station. “Site Plan/Warrant Approval” for 45 units with 100% parking reduction under Live Local Act Submission. Excellent bargain on development site at $34,000/door land cost where larger dev sites have sold for over $100,000 per door land cost. Attain near a proforma 39% IRR in a growth market. Own this covered land play collecting the duplex rental income while you create construction documents and submit to the permit approval process. Estimate 9 to 12 months to permit approval from closing. Opportunity located in an upcoming neighborhood, between Wynwood, Edgewater & Little Havana w/ easy access to Brickell & Downtown. Large employers include University of Miami and Jackson Memorial Hospitals, Miami Dade College Medical Campus, & VA Miami Medical Center.

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Home facts

  • Subdivision & Development:GRAND VIEW PARK
  • Listing ID #:A12061585
  • Updated:September 25, 2026 at 10:00 AM

Structure and exterior

  • Lot area:0.12 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$10,527 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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