Little Havana Redevelopment
124 NW 15th Ave, Miami, FL 33125
Four-story, 22,000 SF commercial building in Little Havana.
Type:Hospitality, Mixed Use, Multifamily, Office, Special Purpose
Property size:
22,000 SFLot size:
0.34 AcresPrice / SF:
$213/SF- Added:
- Mar 3, 2026
- Days on Market:
- 88
- 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
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
HighLights
- 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.
- 0.34‑acre site offering both short‑term repositioning potential and long‑term development optionality.
- Rare opportunity to acquire covered land with an existing structure.
- Built in 1926.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Movimiento De Recuperacion ...
Charitable Organization
Mt. Calvary Baptist ...
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.219953
- Latitude
- 25.77485
Nearby Similar for Sale
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.
