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1542 NE 1st AVE, Miami, FL, 33132
Development Opportunity in Arts District

1542 NE 1st AVE Miami, FL 33132

For Sale
Contact for pricing

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

Lot Size0.43 Acres
Days on Market906

Property Features for 1542 NE 1st AVE

General Information

Standard status
Active
Lot size
0.43 Acres
Property subtype
Land
Listing Agency: Affinity International Realty
Listed By: Alexander Sherman · License #3111828
Source: Crexi
Added: Jan 30, 2024 Changed: Jul 10 Last Checked: Jul 24 at 8:46AM

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 Affinity International Realty


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 the Arts & Entertainment District.
  • Permitted for up to 216 residential or 433 hotel units.
  • Ideal for Condo Tower, Apartment Rental Building, or Hotel.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

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.

FAQs

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 the Arts & Entertainment District.; Permitted for up to 216 residential or 433 hotel units.; Ideal for Condo Tower, Apartment Rental Building, or Hotel.
More about this property
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