1542 1st Avenue, Miami, FL 33132

$12,500,000 — Active

Property Features

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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.

▼ Price Reduced β€” originally listed at $13,000,000

Property Details

  • Listing ID: A11522979
  • Status: Active
  • Listing Date: 2024-01-29
  • Property Type: Unimproved Land
  • Subdivision: ROBBINS GRAHAM & CHILLINGS
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 18900

Financial

  • List Price: $12,500,000
  • Original List Price: $13,000,000
  • HOA Fee: None
  • Taxes: $105,099/yr

Features & Amenities

Courtesy of Affinity International Realty

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RAPB

© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.