1552 NW 15th Ave, Miami, FL 33125
Local realty services provided by:First Service Realty ERA Powered
1552 NW 15th Ave,Miami, FL 33125
$1,790,000
- 0.12 Acres
- Lots / Land
- Active
Listed by: brian carter pa
Office: douglas elliman305-528-2424
MLS#:A12061585
Source:SEFMLS
Price summary
- Price:$1,790,000
About this home
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.
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Home facts
- Listing ID #:A12061585
- Updated:July 29, 2026 at 11:05 PM
Structure and exterior
- Lot area:0.12 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,790,000
- Tax amount:$10,527 (2025)
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