1552 15th Avenue, Miami, FL 33125

$1,500,000 — Active

Property Features

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Develop 45 units in Miami Hospital District 5 blocks to Miami River Landings, Publix, Planet Fitness and 5 blocks to the U-heath | Jackson Metro-Mover Station. “Site Plan/Warrant Approval” for 45 units with 100% parking reduction under Live Local Act Submission. Excellent bargain on development site at $34,000/door land cost where larger dev sites have sold for over $100,000 per door land cost. Attain near a proforma 39% IRR in a growth market. Own this covered land play collecting the duplex rental income while you create construction documents and submit to the permit approval process. Estimate 9 to 12 months to permit approval from closing. Opportunity located in an upcoming neighborhood, between Wynwood, Edgewater & Little Havana w/ easy access to Brickell & Downtown. Large employers include University of Miami and Jackson Memorial Hospitals, Miami Dade College Medical Campus, & VA Miami Medical Center.

▼ Price Reduced — originally listed at $1,790,000

Property Details

  • Listing ID: A12061585
  • Status: Active
  • Listing Date: 2026-07-29
  • Property Type: Unimproved Land
  • Subdivision: GRAND VIEW PARK
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 50x108

Financial

  • List Price: $1,500,000
  • Original List Price: $1,790,000
  • HOA Fee: None
  • Taxes: $10,527/yr

Features & Amenities

Courtesy of Douglas Elliman
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RAPB

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