1552 NW 15th Avenue, Miami, FL 33125
- $1,790,000
- List Price
- $1,790,000
- Days on Market
- 3
- MLS#
- A12061585
- Lot Size
- 5,400
- Subtype
- Unimproved Land
- County
- Miami-Dade
- Subdivision
- Grand View Park
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.
Additional Information
- Restrict
- CityRestrictions
- Taxes
- $10,527
- Utilities
- Electricity Available, Sewer Available, Water Available
- Acres
- 0.12
- Elementary School
- Paul Laurence Dunbar K-8
- Middle School
- Citrus Grove
- High School
- Booker T. Washington
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Listing courtesy of Douglas Elliman. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Brian T Carter | Email: brian.carter@elliman.com