515 NW 12th Ave - Commercial LAND FOR SALE


Miami, FL 33125 22,499 SF
$4,900,000 USD
305-613-4507
515 NW 12th Ave, Miami, FL for Sale
$4,900,000 USD
Commercial LAND - FOR SALE
1/6
22,499 SF

515 NW 12th Ave
Miami, FL 33125


HIGHLIGHTS

  • Zoning: T6-8-O
  • Zoned as of right for: 77 Units
  • FLR by Right: 112,500 SF (5)
  • The property qualifies for Live Local incentives, offering increased density and tax benefits.
  • This site provides easy access to major highways and is close to the Miami Health District and River District, Wynwood, and Downtown Miami
  • The property comprises adjacent parcels at the corner of NW 15th Street and NW 12th Avenue, within walking distance of LoanDepot Park and W Flagler St

OVERVIEW

As the exclusive listing broker, Colliers is pleased to offer for sale 515 NW 12th Avenue — a prime 0.52-acre (22,500 SF) development opportunity in the heart of Little Havana, just blocks from LoanDepot Park. This strategically located site provides easy access to major highways and is close to the Miami Health District and River District, Wynwood, Downtown Miami, Brickell, Edgewater, South Beach, LoanDepot Park, and Miami International Airport. The property comprises adjacent parcels at the corner of NW 15th Street and NW 12th Avenue, within walking distance of LoanDepot Park and W Flagler Street. Currently, the site features approximately 10,000 SF of existing space across multiple buildings, generating income of $84,035 annually during the entitlement process. Zoned T6-8-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 for a total developable area of approximately 175,000 SF. Additionally, the property qualifies for Live Local incentives, offering increased density and tax benefits.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/ACRE

$9,486,400/AC

PRICE/SF

$218 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Havana 12

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

0.52 AC

LAND SF

22,500 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

T-6-8-O

APN/PARCEL ID

01-4102-005-6200,01-4102-005-6220,01-4102-005-6230,01-4102-005-6410

ASK ABOUT THIS PROPERTY

Virgilio FernandezColliersMore Info
305-613-4507

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Virgilio FernandezColliersMore Info
305-613-4507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.