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.

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Days on the market

1542 NE 1st Avenue, Miami, FL 33132

Price
Price:
$12,500,000.00
Original List Price:
$13,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$661.38
Business Info
Gross Scheduled Income:
0
Property Status and Type
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
Measures
Lot Area:
18,900 Sqft
Lot Size Dimensions and Info:
18900
Additional Parcels
Lot Size Acres:
0.44
Number of Lots:
3
Property Features
Waterfront:
No
Current Use:
Unimproved, Multi-family, Hotel/motel
Vegetation and Trees:
Other
Road Responsibility:
Public Maintained Road
Construction
Road Frontage Type:
Easement
Taxes and Expenses
Tax Annual Amount:
$105,099.00
Tax Year:
2022
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available, Other
Water Source:
Public
Community
Subdivision Name:
ROBBINS GRAHAM & CHILLINGS
Senior Community:
No
Terms
Buyer Possession:
Negotiable
Zoning and Legal
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
Public Schools Assigned
Elementary School:
Robles-hb
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
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
Additional Information
Courtesy of:
Affinity International Realty
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $109,505
Median Home Value $545,100
Median Rent $2,534/mo
Median Age 34
Population 18,244

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 1542 NE 1st Avenue, Miami, FL 33132
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.