$1,500,000

1552 NW 15th, Miami FL, 33125

Price per sqft$277.78

Lot size0.12 Acres

Property typeLand

Courtesy of Brian Carter PA with Douglas Elliman

Overview

Active

Listed Jul 29, 2026

Updated Sep 15

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 $34,000/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.

Additional information

MLS^® ID: A12061585

Exterior Features

Lot Size: 0.12 Acres

Other Property Details

Taxes: $10,527
Tax Frequency: Annually

Courtesy of Douglas Elliman, Brian Carter PA,
Listing Contact: 305-582-2424

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 5:42 AM UTC, 9/15/2026