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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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$1,790,000
Est. payment /mo
5,401 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

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 5,401 Sqft

Acres 0.124

Lot Dimensions 50x108

Property Sub-Type Residential

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

Community Grand View Park

Area 31

Direction Sign on property. Don't both the tenants. See attached OM. No interest in JVs

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 01-31-35-010-0250

Acceptable Financing Cash

Listing Terms Cash

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

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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1552 NW 15th Ave