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Robbins-Graham & Chillingsworth, 1542 NE 1st Ave
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Pending
$12,500,000
$500KBeds
0.43
Acre$29,069,767
$/AcrePending
Land
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.
MLS Number: A11522979
On Site: 965 Days
Updated: 25 Days ago
Page Views: 0
Features
All features
- Current Use: HotelMotel
- Property SqFt: 18900
- Remarks: 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.
- Internet Remarks: 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.
- Waterfront: No info
- Days on Market: 660
- Compass Point: NE
- Office Name: Affinity International Realty
- Area: 18900
- Taxes: 105099
- Tax Year: 2022
- Listing Date: 2024-01-29T11:26:14.000-00:00
- Lot Size Square Feet: 18900
Apples-to-Apples Comparables
Price History
Current
$12.5M
High
$13M
Low
$12.5M
Total Change
-3.8%Date
Event
Price
Change
Price Per
05/13/2025
Sold
$12.5M
-3.85%$661 ft2
$7,119 m2
01/29/2024
Listed
$13M
$688 ft2
$7,404 m2
05/13/2025
$12.5M
Event
Sold
Change
-3.85%Price Per
$661 ft2
$7,119 m2
01/29/2024
$13M
Event
Listed
Price Per
$688 ft2
$7,404 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alexander Sherman • Affinity International Realty • Buyer Agency Compensation .
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