Need Help Buying or Selling A Home?

Pinnacle Real Estate Group – FL

1542 NE 1st Avenue, Miami, FL 33132 (MLS# A11522979)

1542 NE 1st Avenue, Miami, FL 33132

$12,500,000
Property Type: Land & Docks Lot Size (sq. ft.): 18,900 Status: Pending
Current Price: $12,500,000 List Date: 10/25/2025 Last Modified: 8/26/2026

Overview

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.

Listing Details MLS# A11522979

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
3
Lot Size Acres
0.44
Lot Size Square Feet
18900
Lot Size Dimensions
18900
Lot Depth
100
Additional Parcels YN
Yes
Lot Frontage
180
LP/SqFt
661.38

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

Contract Information

Comp Sale YN
No
Original List Price
13000000
LP/Acre
28409090.91
LP/Frontage
69444.44

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1542
Street Direction Prefix
NE
Street Name
1st
Street Suffix
Avenue
City Name
Miami
Municipal Code
31
State Or Province
FL
Postal Code
33132
Postal Code +4
1304
Postal Zip
33132
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
Subdivision Number
5
Multiple Offers Accepted
Yes
Zoning
T6-24-0 A

Financial Information

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

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

More Information

Price Calculations

Current Price To SqFt
652.18

Section Details

Parcel Number MLX
0900

Originating Details

Originating System Key
391200716
Originating System ID
M00000151
IDX
Listing Office: Affinity International Realty
Source MLS Verified
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.

No obligation, confidential call.
Interested In Our Properties? Call Us With Any Questions
Scroll to top