For Sale
$13,000,000

1542 1St AveMiami, FL 33132

18,900 SF, High-Density Zoning, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 18,900 square foot land parcel presents an unparalleled development opportunity in Miami's vibrant Arts & Entertainment District. Located in a designated Opportunity Zone, this prime property boasts significant upside potential for investors seeking high-density development. Zoning regulations permit the construction of up to 216 residential units or 433 hotel units, offering a wide range of development possibilities. The site's location within Miami's most desirable neighborhoods ensures strong demand and high occupancy rates for any future development. The high-density zoning allows for a substantial buildable area, maximizing return on investment. This is a rare chance to create a landmark project in a rapidly growing and dynamic community, capitalizing on Miami's thriving real estate market. The property is situated at 1542 NE 1st AVE, Miami, FL 33132, in Miami-Dade County. The asking price for this exceptional development opportunity is $13,000,000. This is a truly unique chance to shape the future of Miami's skyline.

Highlights

  • $13,000,000 asking price.
  • 18,900 SF land parcel in Miami, FL.
  • Located in Miami's Arts & Entertainment District and an Opportunity Zone.
  • High-density zoning allows for up to 216 residential or 433 hotel units.
  • Prime development opportunity for condos, apartments, or a hotel.

Property Details for 1542 1St Ave

Property type
Land

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.790256
Longitude
-80.192577
1542 1St Ave, Miami, Florida

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1542 1St Ave
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