- For Sale $5,250,000
- Property Type Other
- Lot Size 0.52 Acre
- Additional Rent Contact for pricing
- Date Updated Sep 18, 2024
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.
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Contacts
Virgilio Fernandez
Mitash Kripalani
Alain Crego
Location
Getting Around
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Walk Score ®
85/100
Very Walkable
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Transit Score ®
63/100
Good Transit
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Bike Score ®
66/100
Bikeable
- City Miami, FL
- Neighborhood Little Havana
- Zip Code 33136
- Market Miami
Points of Interest
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Santa Clara
1.19 miles
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Wilkie D. Ferguson, Jr.
1.20 miles
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Miami Avenue
1.35 miles
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Third Street
1.39 miles
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College North
1.40 miles
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Freedom Tower
1.50 miles
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School Board
1.52 miles
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Fifth Street
1.53 miles
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Eighth Street
1.62 miles
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Adrienne Arsht Center
1.82 miles
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Valero
0.40 miles
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Sunflex
0.53 miles
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U Gas
0.63 miles
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Valero
0.78 miles
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Marathon
0.91 miles
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U Gas
1.05 miles
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ChargePoint Charging Station
1.19 miles
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Shell
1.19 miles
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Shell
1.26 miles
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Chevron
1.34 miles
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Third Base Garage
0.28 miles
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Center Field Garage
0.31 miles
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Home Plate Garage
0.37 miles
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First Base Garage
0.40 miles
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Lot 18
0.45 miles
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Cedars Parking
0.65 miles
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Dominion Tower Parking Garage
0.67 miles
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Park Plaza West
0.78 miles
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Park Plaza East
0.96 miles
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Baskon Palmer Private Parking
0.97 miles
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Barlington Hotel
0.30 miles
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SpringHill Suites
0.62 miles
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SpringHill Suites by Marriott Miami Downtown/Medical Center
0.62 miles
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FANNYLU
0.64 miles
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Selina Miami River
0.92 miles
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Dunns-Josephine Hotel
0.99 miles
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Casa Trinidad at #1
1.00 miles
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AC Miami Hotel Downtown & Element Miami Downtown
1.42 miles
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The Langford
1.48 miles
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Aloft Miami Brickell
1.48 miles
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Pinolandia
0.27 miles
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McDonald's
0.40 miles
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Rakachaka Grill y Más
0.45 miles
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Crust
0.54 miles
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Chick-fil-A
0.55 miles
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Seaspice Brasserie & Lounge
0.62 miles
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Yambo
0.64 miles
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Edukos Gastro Tavern
0.66 miles
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García,s Seafood
0.67 miles
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Fiesta Café Shop
0.69 miles
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Wee Lads and Lassies Preschool
0.13 miles
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Douglas Park Preschool
0.31 miles
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La Luz School
0.43 miles
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Vann Academy II
0.44 miles
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Vann Academy
0.46 miles
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Lincoln-Marti School
0.47 miles
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Lincoln-Marti School 11th Campus
0.48 miles
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Little Havana 2nd Campus
0.48 miles
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Lincoln Marti Schools
0.49 miles
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Boulevard School
0.52 miles
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Sagrada Familia Child Care Center
0.51 miles
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Cedarail Child Care Center
0.61 miles
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United Cerebral Palsy Association of Miami Day Care Center
0.68 miles
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Terry's Day Nursery
0.70 miles
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Jackson Infant-Toddler Center
0.75 miles
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Sunflowers Day Care Center
0.78 miles
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Calvary Baptist Church Day Care Center
0.78 miles
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University of Miami Debbie Institute Day Care Center
0.79 miles
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International Jose Marti YMCA Day Care Center
0.79 miles
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Kiddie Kingdom Child Care Center
0.79 miles
Frequently Asked Questions
How much does For Sale: 0.52 Acre Development Site in Little Havana cost?
The space currently listed for sale at For Sale: 0.52 Acre Development Site in Little Havana asks for $5,250,000.
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