$12,500,000
Miami, FL 33132
MLS# A11522979
Status: Pending
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Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 28409090.91
LP/Frontage: 69444.44
Listing Date: 2024-01-29
Status: Pending
Original List Price: 13000000
List Price: $12,500,000
Current Price: $12,500,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 31
Postal Zip: 33132
Subdivision Number: 5
Multiple Offers Accepted: Yes
Country: United States
Street Number: 1542
Street Direction Prefix: NE
Street Name: 1st
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33132
Postal Code +4: 1304
Subdivision Name: ROBBINS GRAHAM & CHILLINGS
Area: 2310
Elementary School: Phillis Wheatley
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131360050900
Zoning: T6-24-0 A
General Property Information
Number Of Lots: 3
Lot Size Dimensions: 18900
Lot Depth: 100
Lot Frontage: 180
LP/SqFt: 661.38
Property Sub Type: Unimproved Land
Lot Size Acres: 0.44
Lot Size Square Feet: 18900
Additional Parcels YN: 1
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2022
Tax Annual Amount: 105099
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
Office/Member Information
DXORIGMLSID: SEF
Comprehensive Plan Use
None: 1
Current Use
Hotel/Motel: 1
Multi-Family: 1
Unimproved: 1
Environmental Audit
None: 1
Location of Property
City Location: 1
Corner Unit: 1
Near Airport: 1
Near Seaport: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
City Jurisdiction: 1
Trees
Other: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Other: 1
Road Frontage Type
Easement: 1
Road Responsibility
Public Maintained Road: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: 0
Showing Requirements
Call Listing Agent: 1
Contingencies
Inspection: 1
Price Calculations
Current Price To SqFt: 652.18
Section Details
Parcel Number MLX: 0900
Status Change Information
Major Change Timestamp: 2026-02-24T20:35:13Z
Major Change Type: Status Change
Price Change Timestamp: 2025-05-13T22:55:46Z
Status Change Date: 2026-02-24
Under Contract Date: 2026-02-18
Originating Details
Originating System Key: 391200716
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: None
Current Use: Hotel/Motel; Multi-Family; Unimproved
Environmental Audit: None
Location of Property: City Location; Corner Unit; Near Airport; Near Seaport
Possession: Negotiable
Sewer: Public Sewer
Special Information: City Jurisdiction
Trees: Other
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; Other
Road Frontage Type: Easement
Road Responsibility: Public Maintained Road
Water Source: Public
Showing Requirements: Call Listing Agent
Contingencies: Inspection
Listing Office: Affinity International Realty
Last Updated: August - 26 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
