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4282 NW 1st Ave, Miami FL 33127

Lots/Land For Sale
$1,299,000

BTC: 21.00242522

ETH: 814.57838201

26 days
0 room(s)

Overview

Prime Corner Lot Development Opportunity in Buena Vista (Design District) Exceptional opportunity to own a 5,170 SF corner lot in one of Miami’s most desirable and rapidly appreciating neighborhoods. Currently improved with an income-producing duplex, this property offers immediate rental revenue while planning your future luxury residence or redevelopment project. Ideally positioned in the heart of Buena Vista, just moments from the Miami Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach. Surrounded by newly built luxury homes and multi-million-dollar properties, this location continues to attract discerning buyers, developers, and investors seeking long-term value. The existing duplex provides holding income while architectural plans and development concepts are explored, creating the rare opportunity to generate cash flow today and build significant equity tomorrow. Whether you’re looking to create a modern tropical estate, develop a luxury residence, or secure land in one of Miami’s most sought-after urban neighborhoods, this property offers location, flexibility, and exceptional upside potential. A rare corner lot with income in one of Miami’s premier redevelopment corridors.

Location

Florida • Miami • 33127 • Lots/Land • For Sale

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.12 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$349,000
$125K – $2.1M
Confidence Low
List vs. estimate
$950K above estimate
List $1,299,000 · +272.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
124 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $877K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,789
2025
All facts and features

  • Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 01-31-24-020-0410

    • Zoning: 0104

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $4,789

  • Source details

    • MLS ID: A12033198

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Other

    • Direction Faces: East

    • Other Structures: None

    • Subdivision Name: BUENA VISTA HEIGHTS ADDN

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
280
median $1.1M
Active
Same city
Miami
12,090
median $639K
Active
Same type
Lots/Land
335
median $700K
Active
Similar price
$909K – $1.7M
1,782
median $1.2M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida Capital Realty