Listing Agency: Affinity International Realty a***@getaffinity.com Show Phone

Listed By: Alexander Sherman Show Phone

Source: Elliman

Added: Mar 10 Changed: Jul 6 Last Checked: Aug 25 at 11:23AM

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Investment Insights

Based on property information with market context.

This 18,900 SF property is located in the Arts & Entertainment District, an Opportunity Zone. The site has permitted buildable units reaching up to 216 for residential or 433 for hotel units. It is located in Miami's most sought-after neighborhood and has the advantage of the city's highest density zoning. The site holds promise for a Condo Tower, an Apartment Rental Building, or a Hotel.

Key Highlights

• Prime 18,900 SF parcel in Miami's Arts & Entertainment District.
• Permitted for up to 216 residential or 433 hotel units.
• Highest density zoning in the city.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Adult Day Care Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,700

Businesses Nearby

Explore this area Business Placement

Demographics for 33132, FL

18,159

Population

12,725

Households

1.4

Avg Household Size

35

Median Age

61%

College-Educated

95%

High-School Grad

1.5 sq mi

ZIP Area

12,106

Density / Sq Mi

$109,505

Median Household Income

$71,509

Median Earnings

$2,534

Median Rent

$545,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Prime 18,900 SF parcel in Miami's Arts & Entertainment District.

Where is this commercial land located?

The property is located at 1542 NE 1st AVE Miami, FL.

What is the asking price?

The asking price for this property is $12,500,000.

What are key features of this property?

This property features: Prime 18,900 SF parcel in Miami's Arts & Entertainment District.; Permitted for up to 216 residential or 433 hotel units.; Highest density zoning in the city.