1542 NE 1st AVE, Miami, FL 33132
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$ 12,500,000
Est. payment /mo
Pending

1542 NE 1st AVE Miami, FL 33132

0.44 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Hotel/Motel

Listing Status Pending

Purchase Type For Sale

Subdivision Robbins Graham & Chillings

MLS Listing ID A11522979

HOA Y/N No

Annual Tax Amount $105,099

Tax Year 2022

Contingent Inspection

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Hotel/Motel

Property Description

Incredible Development Opportunity in the Vibrant Arts & Entertainment District! This prime property, located in an Opportunity Zone, offers a unique chance for savvy investors. With permitted buildable units reaching up to 216 for residential or 433 for hotel units, the potential is boundless. This prime 18,900 SF parcel is this is truly a Developer's Dream. Nestled in Miami's most sought-after neighborhood, capitalize on the advantage of the city's highest density zoning. Whether envisioning a striking Condo Tower, a thriving Apartment Rental Building, or a luxurious Hotel, this site holds immense promise for a groundbreaking project. Seize the opportunity to shape the future of Miami's skyline and be a part of this dynamic and rapidly growing community.

Location

State FL

County Miami-dade

Area 2310

Zoning T6-24-0 A

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Other, Sewer Available, Water Available

Water Access Desc Public

Present Use Hotel/Motel,Multi-Family,Unimproved

Road Frontage Easement

Building

Lot Description Corner Lot, City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Phillis Wheatley

Middle Schools Jose De Diego

High Schools Booker T. Washington

Others

Tax ID 0131360050900

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11522979


BeachesMLS, Inc. (FLR) IDX
Listed by Alexander Sherman Affinity International Realty

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

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1542 NE 1st AVE