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1542 NE 1st Avenue, Miami, FL 33132

$12,500,000
Property Type: Land & Docks Lot Size (sq. ft.): 18,900 Status: Pending
Current Price: $12,500,000 List Date: 1/30/2024 Last Modified: 6/08/2026

Description

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.

More Information MLS# A11522979

Contract Information

Comp Sale YN: No LP/Acre: 28409090.91 LP/Frontage: 69444.44 Listing Date: 2024-01-29 Status: Pending Original List Price: 13000000 List Price: $12,500,000 Current Price: $12,500,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Municipal Code: 31 Postal Zip: 33132 Subdivision Number: 5 Multiple Offers Accepted: Yes Country: United States Street Number: 1542 Street Direction Prefix: NE Street Name: 1st Street Suffix: Avenue State Or Province: FL Postal Code: 33132 Postal Code +4: 1304 Subdivision Name: ROBBINS GRAHAM & CHILLINGS Area: 2310 Elementary School: Phillis Wheatley Middle Or Junior School: Jose De Diego High School: Booker T. Washington Parcel Number: 0131360050900 Zoning: T6-24-0 A

General Property Information

Number Of Lots: 3 Lot Size Dimensions: 18900 Lot Depth: 100 Lot Frontage: 180 LP/SqFt: 661.38 Property Sub Type: Unimproved Land Lot Size Acres: 0.44 Lot Size Square Feet: 18900 Additional Parcels YN: 1

Office/Member Information

DXORIGMLSID: SEF

Comprehensive Plan Use

None: 1

Current Use

Hotel/Motel: 1 Multi-Family: 1 Unimproved: 1

Environmental Audit

None: 1

Location of Property

City Location: 1 Corner Unit: 1 Near Airport: 1 Near Seaport: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Special Information

City Jurisdiction: 1

Trees

Other: 1

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Available: 1 Water Available: 1 Other: 1

Road Frontage Type

Easement: 1

Road Responsibility

Public Maintained Road: 1

Water Source

Public: 1

Income and Expenses

Inc/Exp Statement Period: 0

Showing Requirements

Call Listing Agent: 1

Contingencies

Inspection: 1

Section Details

Parcel Number MLX: 0900

Financial Information

Tax Year: 2022 Tax Annual Amount: 105099 Tax 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

Status Change Information

Major Change Timestamp: 2026-02-24T20:35:13Z Major Change Type: Status Change Price Change Timestamp: 2025-05-13T22:55:46Z Status Change Date: 2026-02-24 Under Contract Date: 2026-02-18

Originating Details

Originating System Key: 391200716 Originating System ID: M00000151

Property Features

Comprehensive Plan Use: None Current Use: Hotel/Motel; Multi-Family; Unimproved Environmental Audit: None Location of Property: City Location; Corner Unit; Near Airport; Near Seaport Possession: Negotiable Sewer: Public Sewer Special Information: City Jurisdiction Trees: Other Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; Other Road Frontage Type: Easement Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent Contingencies: Inspection
Listing Office: Affinity International Realty
Last Updated: June - 08 - 2026
1542 NE 1st Avenue, Miami, FL 33132- MLS# A11522979
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