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$12,500,000

1542 NE 1st Ave Miami, FL 33132

0.4 acres
Land

Property details

About 1542 NE 1st Ave

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.

Highlights

Home typeResidential
StatusActive
Lot size0.44 Acres
MLS #A11522979

Virtual tour

Summary

  • List Price: $12,500,000
  • Lot Size: 0.44 Acres
  • MLS Number: A11522979
  • MLS Name: SEFMIAMI
  • Office Name: Affinity International Realty
  • Office Phone: (305) 376-4145
  • Office Email: asherman@getaffinity.com
  • Listing Agent: Alexander Sherman

IDX © 2025 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

6

Phyllis Wheatley Elementary School

Public District PK-5

0.2 mi

1801 NW 1st Pl

2

Theodore R. and Thelma A. Gibson Charter School

Public Charter KG-6

0.3 mi

1682 NW 4th Ave

6

Frederick R. Douglass Elementary School

Public District PK-5

0.4 mi

314 NW 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,151. The majority of Miami, FL residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

73%
<35k
27%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

52%
Single, No Kids
33%
Single, with Kids
5%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1542 NE 1st Ave

The listing price of 1542 NE 1st Ave property is $12,500,000.

The property 1542 NE 1st Ave is land located in Miami, Florida, 33132.

Active Listing: 1542 NE 1st Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1542 NE 1st Ave are: Phyllis Wheatley Elementary School (GreatSchools Rating 6/10), Theodore R. and Thelma A. Gibson Charter School (GreatSchools Rating 2/10), Frederick R. Douglass Elementary School (GreatSchools Rating 6/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Mater Preparatory Academy (GreatSchools Rating 7/10), Sports Leadership and Management (Slam) Charter Middle School (GreatSchools Rating 5/10), Miami-Dade Online Academy- Virtual Instruction Program (GreatSchools Rating 8/10), I Preparatory Academy (GreatSchools Rating 10/10), Booker T. Washington Senior High School (GreatSchools Rating 3/10).

The property 1542 NE 1st Ave is 0.44 acres.

This home is located at 1542 NE 1st Ave in Miami, FL and zip code 33136 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $12,500,000.

Miami, FL housing market in June 2025 saw over 48 listings sold above listed price, more than 103 sold at listed price and over 570 sold below. The number of listings in Miami, FL increased by 7.1% between May and June 2025. In June 2025 median list price was $589,216 and the average listing age was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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