Unimproved Land in 1542 NE 1st Avenue, Miami, FL 33132 for sale with MLS# A11522979
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.
1542 NE 1st Avenue, Miami, FL 33132
- Price:
- $12,500,000.00
- Original List Price:
- $13,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $661.38
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- February 24, 2026 8:35 pm
- Other Special Conditions:
- City Jurisdiction
- Lot Area:
- 18,900 Sqft
- Lot Size Dimensions and Info:
- 18900
- Additional Parcels
- Lot Size Acres:
- 0.44
- Number of Lots:
- 3
- Waterfront:
- No
- Current Use:
- Unimproved, Multi-family, Hotel/motel
- Vegetation and Trees:
- Other
- Road Responsibility:
- Public Maintained Road
- Road Frontage Type:
- Easement
- Tax Annual Amount:
- $105,099.00
- Tax Year:
- 2022
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Available, Sewer Available, Water Available, Other
- Water Source:
- Public
- Subdivision Name:
- ROBBINS GRAHAM & CHILLINGS
- Senior Community:
- No
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- ROBBINS-GRAHAM & CHILLINGSWORTH PB A-49 1/2 LOT 4 BLK 13 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 6300 SQ FT M/L OR 20351-4
- Real Estate Folio Number (Parcel Number):
- 0131360050900
- Zoning:
- T6-24-0 A
- Elementary School:
- Robles-hb
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- January 30, 2024
- Listing Agreement executed on:
- January 29, 2024
- Purchase Contract Date:
- February 18, 2026
- Price change occurred on:
- May 13, 2025 10:55 pm
- Listing Status Last Changed On:
- February 24, 2026 8:35 pm
- Photos updated on:
- February 24, 2026 8:37 pm
- Last Modified:
- June 8, 2026 8:38 pm
- Courtesy of:
- Affinity International Realty
- Attribution:
- Not provided
- Street Name:
- 1st
- Street Number:
- 1542
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 47' 24.9''
- Longitude:
- W81° 48' 26.7''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
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