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1552 NW 15th Ave, Miami FL 33125

Commercial For Sale
$1,790,000

BTC: 28.14465409

ETH: 940.79804903

3 days
0 room(s)

Overview

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

Florida • Miami • 33125 • Commercial • For Sale

Details

Type:
Commercial Land
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
$442,500
$160K – $1.8M
Confidence Low
List vs. estimate
$1.3M above estimate
List $1,790,000 · +304.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
42 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $292K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,527
2025
All facts and features

  • Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 01-31-35-010-0250

    • Zoning: 4601

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Residential

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $10,527

  • Source details

    • MLS ID: A12061585

    Other facts

    • Lot Features: Central Business District / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x108

    • Subdivision Name: GRAND VIEW PARK

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
33125
226
median $650K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Commercial
1,211
median $1.2M
Active
Similar price
$1.3M – $2.3M
1,351
median $1.6M
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: Douglas Elliman