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.
Property Details
Price:
$12,500,000
MLS #:
A11522979
Status:
Active
Beds:
0
Baths:
0
Address:
1542 NE 1st AVE
Type:
Single Family
Subtype:
Residential
Subdivision:
ROBBINS GRAHAM & CHILLINGS
Neighborhood:
robbinsgrahamchillings
City:
Miami
Listed Date:
Jan 29, 2024
State:
FL
ZIP:
33132
Lot Size:
18,900 sqft / 0.44 acres (approx)
Schools
Interior
Exterior
Financial
Tax Year
2022
Taxes
$105,099
Map
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1542 NE 1st AVE
Miami, FL
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