4282 NW 1st Avenue, Miami, FL 33127 (MLS# A12032702)

4282 NW 1st Avenue, Miami, FL 33127

$1,299,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12032702

Property Type: Residential Income Square Footage: 1,555 Status: Active

Current Price: $1,299,000 List Date: 6/07/2026 Last Modified: 7/14/2026

Overview

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 reside ... (Read more)

Listing Details MLS# A12032702

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1555
Living Area Main: 1281
Adjusted Area Main: 1374
Year Built: 1960
Parking Total: 4
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: None Flooring: Other Property Condition: Resale Structure Type: Duplex Construction Materials: Other Cooling: Other Heating: Electric; Separate Meters Possession: Negotiable Roof: Other Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available; Sewer Available Showing Requirements: Appointment Only; Call Listing Agent Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1299000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 4282
Street Direction Prefix: NW
Street Name: 1st
Street Suffix: Avenue
City Name: Miami
Municipal Code: 24
State Or Province: FL
Postal Code: 33127
Postal Code +4: 2862
Postal Zip: 33127
Subdivision Name: BUENA VISTA HEIGHTS ADDN
Area: 2310
Elementary School: Shadowlawn
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131240200410
Subdivision Number: 20
Zoning: 0104
Flood Zone: X

Financial Information

Tax Annual Amount: 4789
Tax Year: 2026
Tax Legal Description: 24 53 41 PB 3-22 BUENA VISTA HGTS ADD AMD PL N94FT LOT 24 LESS W5FT BLK 2 LOT SIZE SITE VALUE OR 19943-3600 09 2001 1 COC 25825-1630 07 2007
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-07T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-07

More Information

Income and Expenses

Gross Income: 7000

Unit 1 Details

Actual Rent: 3500
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 1 Lease Description

Occupant Type: Vacant

Unit 2 Details

Actual Rent: 3500
Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 2 Lease Description

Occupant Type: Vacant

Price Calculations

Current Price To SqFt: 1014.05

Section Details

Parcel Number MLX: 0410

Originating Details

Originating System Key: 509062773
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Other: Yes

Property Condition

Resale: Yes

Documents Available

None: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Utilities

Cable Not Available: Yes
Sewer Available: Yes

Heating

Electric: Yes
Separate Meters: Yes

Construction Materials

Other: Yes

Roof

Other: Yes

Cooling

Other: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Parking Features

Parking Space: Yes

Listing Office: Florida Capital Realty

Last Updated: July - 14 - 2026

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