4282 NW 1st Ave, Miami, FL 33127
BUENA VISTA HEIGHTS ADDN · Miami-Dade County
Key Facts
Description
Prime Corner Lot Development Opportunity in Buena Vista (Design District) Exceptional opportunity to own a 5,170 SF corner lot in one of Miami’s most desirable and rapidly appreciating neighborhoods. Currently improved with an income-producing duplex, 2/1 each unit, this property offers immediate rental revenue while planning your future luxury residence or redevelopment project. Ideally positioned in the heart of Buena Vista, just moments from the Miami Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach. Surrounded by newly built luxury homes and multi-million-dollar properties, this location continues to attract discerning buyers, developers, and investors seeking long-term value. The existing duplex provides holding income while architectural plans and development concepts are explored, creating the rare opportunity to generate cash flow today and build significant equity tomorrow. Whether you’re looking to create a modern tropical estate, develop a luxury residence, or secure land in one of Miami’s most sought-after urban neighborhoods, this property offers location, flexibility, and exceptional upside potential. A rare corner lot with income in one of Miami’s premier redevelopment corridors.
Property Information
Property Type
Land
Lot Size
0.12 acres
Days on Market
35
MLS® Listing#
A12033198
Property Features
Sewer
Financial Details
Annual Taxes
$4,789
Tax year 2025
Parcel Number
01-31-24-020-0410
Affordability Calculator
$259,800
Estimated monthly payment
$6,914/mo
Principal $1,039,200 · Est. interest $1,449,776 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Miami, FL
- $615,749
- Median Listing Price
- 113
- Median Days on Market
- 1,173
- Median Sq Ft
- $514
- Median Price / Sq Ft
- 10,705
- Active Listings
- This home’s price is 111% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Miami, FL.
Location
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Points of Interest in Miami, FL
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|---|---|---|---|---|
| 15651 SW 14th St, Miami, FL | $909,900 | 4 | 3 | 2,703 |
| 465 Brickell Ave 1602, Miami, FL | $909,999 | 2 | 2 | 1,269 |
| 2678 Tigertail Ave 315, Miami, FL | $910,000 | 1 | 1 | 565 |
| 16385 Biscayne Blvd 2101, North Miami Beach, FL | $910,000 | 3 | 3 | 1,556 |
| 4401 Collins Ave 1401, Miami Beach, FL | $910,000 | — | 1 | 516 |
| 16385 Biscayne Blvd 2707, North Miami Beach, FL | $910,000 | 3 | 3 | 1,557 |
Moving Cost Estimate
EXIT Agents in Miami
Listing Courtesy: Florida Capital Realty - 786-356-4400
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