$1,790,000
Miami, FL 33125
MLS# A12061585
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Property Description
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 $40,000/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.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 14435483.87
LP/Frontage: 35800
Listing Date: 2026-07-29
Status: Active
Original List Price: 1790000
List Price: $1,790,000
Current Price: $1,790,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33125
Subdivision Number: 10
Flood Zone: AE
Country: United States
Street Number: 1552
Street Direction Prefix: NW
Street Name: 15th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33125
Postal Code +4: 2406
Subdivision Name: GRAND VIEW PARK
Area: 2310
Elementary School: Paul Laurence Dunbar K-8
Middle Or Junior School: Citrus Grove
High School: Booker T. Washington
Parcel Number: 0131350100250
Zoning: 4601
Directions: Sign on property. Don't both the tenants. See attached OM. No interest in JVs
General Property Information
Number Of Lots: 1
Lot Size Dimensions: 50x108
Lot Depth: 108
Property Description: Covered Land for Development
Lot Frontage: 50
LP/SqFt: 331.48
Property Sub Type: Unimproved Land
Lot Size Acres: 0.12
Lot Size Square Feet: 5400
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2025
Tax Annual Amount: 10527
Tax Legal Description: GRAND VIEW PARK PB 5-58 S50FT OF LOT 1 BLK 3 LOT SIZE 5400 SQUARE FEET OR 19327-2180 10 2000 6 COC 25818-0607 07 2007 1
Office/Member Information
DXORIGMLSID: SEF
Comprehensive Plan Use
Central Urban: 1
Urban Commerce: 1
Current Use
Multi-Family: 1
Unimproved: 1
Environmental Audit
Unknown: 1
Location of Property
Central Business District: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
City Jurisdiction: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Listing Terms
Cash: 1
Road Frontage Type
Public Road: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: 0
Showing Requirements
Sign On Property: 1
Price Calculations
Current Price To SqFt: 331.39
Section Details
Parcel Number MLX: 0250
Status Change Information
Major Change Timestamp: 2026-07-29T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-29
Originating Details
Originating System Key: 538060793
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Central Urban; Urban Commerce
Current Use: Multi-Family; Unimproved
Environmental Audit: Unknown
Location of Property: Central Business District
Possession: Close Of Escrow; Negotiable
Sewer: Public Sewer
Special Information: City Jurisdiction
Utilities: Electricity Available; Sewer Available; Water Available
Listing Terms: Cash
Road Frontage Type: Public Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Water Source: Public
Showing Requirements: Sign On Property
Listing Office: Douglas Elliman
Last Updated: July - 29 - 2026
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