1552 NW 15th AVE, Miami, FL 33125
1552 NW 15th AVE, Miami, FL 33125
1552 NW 15th AVE, Miami, FL 33125
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$1,790,000
Est. payment /mo
5,227 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Grand View Park

MLS Listing ID A12061585

HOA Y/N No

Annual Tax Amount $10,527

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Unimproved Land

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.

Location

State FL

County Miami-dade

Area 2310

Zoning 4601

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Present Use Multi-Family,Unimproved

Street Surface Paved

Road Frontage Public Road

Building

Lot Description Central Business District

Sewer Public Sewer

Water Public

Schools

Elementary Schools Paul Laurence Dunbar K-8

Middle Schools Citrus Grove

High Schools Booker T. Washington

Others

Restrictions City Restrictions

Tax ID 0131350100250

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12061585


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BeachesMLS, Inc. (FLR) IDX
Listed by Brian T Carter Douglas Elliman

NEARBY SCHOOL & BUSINESS

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LivX .

LivX .

+1(973) 221-0545

Broker | License ID: 1859462

Broker License ID: 1859462

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1552 NW 15th AVE