$1,790,000

1552 NW 15th Ave, Miami, FL 33125

  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon5,401sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

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 $40,000/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.

Listing Status:
Active
Date Added:
July 29, 2026
Data Last Updated:
August 5, 2026 at 8:42PM
Listing Office:
Douglas Elliman : 305-528-2424
Listing Agent:
Brian Carter : 305-582-2424
MLS ID:
A12061585
  • Road/Access: City/County MaintainedPublic Road
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 4601GRAND VIEW PARK PB 5-58 S50FT OF LOT 1 BLK 3 LOT SIZE 5400 SQUARE FEET OR 19327-2180 10 2000 6 COC 25818-0607 07 2007 101-31-35-010-0250
  • Current Use: Unimproved Multi Family (5+Units)
  • Utilities: Electricity ConnectedSewer ConnectedWater ConnectedElectricity AvailableSewer AvailableWater Available
  • Water: Municipal Water
  • Sewer: Public Sanitation
  • Source: Miami Association of REALTORS®

This listing courtesy of Brian Carter , Douglas Elliman

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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