$12,500,000

1542 NE 1st, Miami FL, 33132

Price per sqft$661.38

Lot size0.43 Acres

Property typeLand

Courtesy of Alexander Sherman with Affinity International Realty

Overview

Active

Listed Jan 29, 2024

Updated Sep 23

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.

Additional information

MLS^® ID: A11522979

Exterior Features

Lot Size: 0.43 Acres

Other Property Details

Taxes: $105,099
Tax Frequency: Annually

Courtesy of Affinity International Realty, Alexander Sherman,
Listing Contact: 786-280-3692

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/23/2026. 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 7:25 PM UTC, 9/23/2026