1542 NE 1st Avenue, Miami, FL 33132
$12,500,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
18,900
Status:
Active
Current Price:
$12,500,000
List Date:
9/23/2026
Last Modified:
9/23/2026
Overview
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.
Listing Details MLS# A11522979
General Property Information
- Property Sub Type
- Unimproved Land
- Number Of Lots
- 3
- Lot Size Acres
- 0.44
- Lot Size Square Feet
- 18900
- Lot Size Dimensions
- 18900
- Lot Depth
- 100
- Additional Parcels YN
- Yes
- Lot Frontage
- 180
- LP/SqFt
- 661.38
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
Contract Information
- Comp Sale YN
- No
- Original List Price
- 13000000
- LP/Acre
- 28409090.91
- LP/Frontage
- 69444.44
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 1542
- Street Direction Prefix
- NE
- Street Name
- 1st
- Street Suffix
- Avenue
- City Name
- Miami
- Municipal Code
- 31
- State Or Province
- FL
- Postal Code
- 33132
- Postal Code +4
- 1304
- Postal Zip
- 33132
- 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
- Subdivision Number
- 5
- Multiple Offers Accepted
- Yes
- Zoning
- T6-24-0 A
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
- Estimated Monthly Assoc Recurring Fee
- 0
Status Change Information
- Major Change Timestamp
- 2026-09-23T20:05:42Z
- Major Change Type
- Back on Market
- Price Change Timestamp
- 2025-05-13T22:55:46Z
- Status Change Date
- 2026-09-23
More Information
Price Calculations
- Current Price To SqFt
- 652.18
Section Details
- Parcel Number MLX
- 0900
Originating Details
- Originating System Key
- 391200716
- Originating System ID
- M00000151
Office/Member Information
- DXORIGMLSID
- SEF
Comprehensive Plan Use
- None
- Yes
Current Use
- Hotel/Motel
- Yes
- Multi-Family
- Yes
- Unimproved
- Yes
Environmental Audit
- None
- Yes
Location of Property
- City Location
- Yes
- Corner Unit
- Yes
- Near Airport
- Yes
- Near Seaport
- Yes
Possession
- Negotiable
- Yes
Sewer
- Public Sewer
- Yes
Special Information
- City Jurisdiction
- Yes
Trees
- Other
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
- Other
- Yes
Road Frontage Type
- Easement
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Water Source
- Public
- Yes
Income and Expenses
- Inc/Exp Statement Period
- No
Showing Requirements
- Call Listing Agent
- Yes
Listing Office:
Affinity International Realty
Last Updated: September - 23 - 2026
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