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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Phyllis Wheatley Elementary School
1801 NW 1st Pl
Distance between this listing and this school0.24 miles
Public District Grades PK-5
4
/10
Theodore R. and Thelma A. Gibson Charter School
1682 NW 4th Ave
Distance between this listing and this school0.31 miles
Public Charter Grades KG-6
3
/10
Frederick R. Douglass Elementary School
314 NW 12th St
Distance between this listing and this school0.37 miles
Public District Grades PK-5
Nearby Schools
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.16 miles
Public District Grades 6-8
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school1.30 miles
Public Charter Grades KG-8
6
/10
Sports Leadership and Management (Slam) Charter Middle School
604 NW 12th Ave
Distance between this listing and this school1.32 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave Ste 336
Distance between this listing and this school0.44 miles
Public Magnet Grades KG-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school0.48 miles
Public Magnet Grades PK-12
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school0.51 miles
The neighbors living near this home have an average income of $19,151. Residents of Miami, FL typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1542 NE 1st Ave
What is the listing price of this property?
The listing price of 1542 NE 1st Ave property is $13,000,000.
What type of property is this?
The property 1542 NE 1st Ave is land located in Miami, Florida, 33132.
Is this property for sale now?
Active Listing: 1542 NE 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1542 NE 1st Ave in Miami, FL and zip code 33132 in the Downtown neighborhood. This home sits on a 0.44 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $13,000,000.
In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. Listings spent 60 days on the market in November 2024, and had a median list price of $565,671 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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