1542 NE 1st AVE, Miami, FL 33132

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Listing date Nov 28, 2025

Source Elliman

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Overview

This 18,900 square foot parcel presents a development opportunity in Miami's Arts & Entertainment District. Located in an Opportunity Zone, the property has permitted buildable units reaching up to 216 for residential or 433 for hotel units. The site is zoned for the city's highest density, offering potential for a condo tower, apartment rental building, or hotel. This property is located in a rapidly growing community.

Suggested Use

Tanning Salon (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Adult Day Care Pet Grooming Service Nursing Home Carpet & Flooring Store Clothing & Fashion Store Nursing Home

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

Location Insight

• Map
• Local Demand

City

Miami

County

Miami-Dade

State

Florida

Longitude

-80.1969

Latitude

25.7899

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FAQs

What type of property is this?

Commercial land - Prime land 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.; Suitable for Condo Tower, Apartment Rental Building, or Hotel.