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124 NW 15th Ave Miami, FL 33125

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For Sale
$4,695,000

Four-story, 22,000 SF commercial building in Little Havana.

Type:Hospitality, Mixed Use, Multifamily, Office, Special Purpose
Property size:
22,000 SF
Lot size:
0.34 Acres
Added:
Mar 3, 2026
Days on Market:
29
Last Refresh:
Mar 16 at 1:54 pm

Property Features for 124 NW 15th Ave

General Information

Standard status
Active
Size
22,000 SF
Lot size
0.34 Acres
Property subtype
Hospitality, Mixed Use, Multifamily, Office, Special Purpose

Building Details

Year Built
1926

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Listing Contact
Michael Betancourt

Listing agent Michael Betancourt License #FL 3237101

Listing office CBRE - Miami

Listing date Mar 3, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Miami


Overview

Little Havana Redevelopment Opportunity

Located in Miami’s Little Havana corridor, 124 NW 15th Avenue is a 22,000 square foot, four-story commercial structure on a 0.34-acre site. The property is 100 percent vacant, offering immediate full-building control. Zoned T5-L (Urban Core), the asset allows for residential, office, institutional, and mixed-use redevelopment. This provides multiple value-creation pathways. The property is strategically positioned between Downtown Miami, Wynwood, the Health District, and LoanDepot Park. It benefits from strong central connectivity and continued public and private investment throughout the surrounding submarkets. The property offers both short-term repositioning potential and long-term development optionality. This offering presents an opportunity to acquire covered land with an existing structure in place, allowing investors to pursue adaptive reuse into office or headquarters space, multifamily or workforce housing conversion, religious or institutional occupancy, and long-term mixed-use redevelopment.
Location Intelligence

Current Use by Public Records

Movimiento De Recuperacion ... Charitable Organization Mt. Calvary Baptist ... Charitable Organization

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.219953
Latitude
25.77485

FAQs

What type of property is this?
Mixed-use property - Four-story, 22,000 SF commercial building in Little Havana.
Where is this mixed-use property located?
The property is located at 124 NW 15th Ave Miami, FL.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: 100% vacant 22,000 SF building offering immediate full‑building control.; Zoned T5‑L (Urban Core) allowing for residential, office, institutional, and mixed‑use redevelopment.; Located in rapidly evolving Little Havana, strategically positioned near Downtown Miami, Wynwood, the Health District, and LoanDepot Park.
More about this property
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