For Sale: 0.52 Acre Development Site in Little Havana

For Sale

515 NW 12th Ave, Miami, FL 33136

This Miami property for sale is located at 515 NW 12th Ave. The current listed sale price for For Sale: 0.52 Acre Development Site in Little Havana is $5,250,000. For Sale: 0.52 Acre Development Site in Little Havana is situated on a lot that is 0.52 acre in size.

Contacts

broker

Virgilio Fernandez

broker

Mitash Kripalani

broker

Alain Crego

Property Details

  • Property Type Other
  • Lot Size 0.52 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 2, 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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Getting around

  • 85/100

    Walk Score ®

  • 63/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Miami, FL
  • Neighborhood Little Havana
  • Zip Code 33136
  • Market Miami

Points of Interest

  • MiamiCentral

    1.17 miles

  • Brickell City Centre

    1.62 miles

  • Miami Airport

    2.99 miles

  • Miami Intermodal Center

    3.06 miles

  • Hialeah Market

    3.56 miles

  • MIA Station

    4.05 miles

  • Gates E2-E11

    4.21 miles

  • Gates E20-E35

    4.45 miles

  • 4

    4.51 miles

  • Miami

    5.60 miles

  • Shell

    0.13 miles

  • Valero

    0.40 miles

  • Sunflex

    0.53 miles

  • U Gas

    0.63 miles

  • Marathon

    0.91 miles

  • ChargePoint Charging Station

    1.19 miles

  • Tesla Supercharger

    2.76 miles

  • ChargePoint

    6.63 miles

  • SemaCharge Charging Station

    9.84 miles

  • Third Base Garage

    0.28 miles

  • Center Field Garage

    0.31 miles

  • Home Plate Garage

    0.37 miles

  • First Base Garage

    0.40 miles

  • Juror Parking

    0.43 miles

  • Lot 18

    0.45 miles

  • Cedars Parking

    0.65 miles

  • Dominion Tower Parking Garage

    0.67 miles

  • Park Plaza West

    0.78 miles

  • Park Plaza East

    0.96 miles

  • Barlington Hotel

    0.30 miles

  • SpringHill Suites

    0.62 miles

  • SpringHill Suites Miami Downtown/Medical Center

    0.62 miles

  • FANNYLU

    0.64 miles

  • Selina Miami River

    0.92 miles

  • Dunns-Josephine Hotel

    0.99 miles

  • Casa Trinidad at #1

    1.00 miles

  • Miami Sun Hotel

    1.40 miles

  • AC Miami Hotel Downtown & Element Miami Downtown

    1.42 miles

  • Eurostars Langford

    1.48 miles

  • Winn-Dixie

    0.47 miles

  • Ross

    0.55 miles

  • Publix

    0.57 miles

  • Presidente Supermarket

    1.13 miles

  • Ultramont Mall

    1.49 miles

  • Saks Fifth Avenue

    1.50 miles

  • Brickell City Centre

    1.55 miles

  • The Shops at Mary Brickell Village

    1.60 miles

  • Marshalls

    1.61 miles

  • Whole Foods Market

    1.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact For Sale: 0.52 Acre Development Site in Little Havana