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515 NW 12th Ave
Miami, FL 33125
200 Units Little Havana | Development Land · Land For Sale · 0.49 AC

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EXECUTIVE SUMMARY

FA Commercial is pleased to exclusively present this opportunity, a development site that can accommodate 77 units, situated in a prominent connection hub with established retail. In today's world, where people are increasingly seeking urban areas that offer convenient access to employment and entertainment, this well-connected location holds great significance. Moreover, this site is prominently located near renowned magnet schools, further enhancing its appeal. With Miami's growing population and rising rents, investing in this property offers a secure and lucrative opportunity that is resistant to inflation.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.49 AC
Zoning T-6-8-O - The site is ideal for dense and flexible mixed-use development, allowing for up to 150 units per acre (77 units) with a 5 FLR, plus a 30 percent bonus

1 LOT AVAILABLE

Lot

Price $4,500,000
Price Per AC $9,117,210.86
Lot Size 0.49 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-4102-005-0410
  • 01-4102-005-0390
  • 01-4102-005-0420
Land Assessment
$1,645,000
Improvements Assessment
$301,103
Total Assessment
$1,946,103
  • Listing ID: 38973284

  • Date on Market: 1/5/2026

  • Last Updated:

  • Address: 515 NW 12th Ave, Miami, FL 33125

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