1542 NE 1st AVE, Miami, Florida, 33132
$12,500,000
Single Family / Detached
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.
Utilities : ElectricityAvailable,Other,SewerAvailable,WaterAvailable
Water Source : Public
Sewer System : PublicSewer
Lot Features : LessThanOneAcre
Property Sub-Type Additional : Residential
Zoning Description : T6-24-0 A
Street Address: 1542 NE 1st AVE
City: Miami
State: Florida
Postal Code: 33132
County: Miami-Dade
MLS Number: A11522979
Courtesy of Affinity International Realty
Courtesy of Douglas Elliman
