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.
For sale
$1,299,000
4282 NW 1st Ave, Miami, FL 33127
4beds
2baths
1,281sqft
Duplex
Built in 1960
-- sqft lot
$1,175,700 Zestimate®
$1,014/sqft
$-- HOA
What's special
Income-producing duplex
- 88 days
- 347
- 12
Zillow last checked:
Listing updated:
Listed by:
Ysabel Sanabria 786-356-4400,
Florida Capital Realty
Source: MIAMI,MLS#: A12032702
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Electric
Cooling
- Other
Features
- Flooring: Other
Interior area
- Total structure area: 1,555
- Total interior livable area: 1,281 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131240200410
- Zoning: 0104
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Other
- Roof: Other
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Other
Community & HOA
Community
- Subdivision: Buena Vista Heights Addn
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,014/sqft
- Tax assessed value: $524,862
- Annual tax amount: $4,789
- Date on market: 6/7/2026
Estimated market value
$1,175,700
$1.12M - $1.23M
$3,328/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $1,299,000+51%$1,014/sqft |
Source: | ||
| 11/14/2025 | Sold | $860,000-1.7%$671/sqft |
Source: | ||
| 10/8/2025 | Listed for sale | $875,000+59.1%$683/sqft |
Source: | ||
| 1/1/2025 | Listing removed | $2,495$2/sqft |
Source: BeachesMLS #R11028420 Report a problem | ||
| 11/14/2024 | Price change | $2,495-2.2%$2/sqft |
Source: BeachesMLS #R11028420 Report a problem | ||
| 11/6/2024 | Price change | $2,550-1.9%$2/sqft |
Source: BeachesMLS #R11028420 Report a problem | ||
| 10/14/2024 | Listed for rent | $2,600-11.9%$2/sqft |
Source: BeachesMLS #R11028420 Report a problem | ||
| 7/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/16/2023 | Listed for rent | $2,950$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2021 | Listing removed | -- |
Source: | ||
| 3/8/2021 | Sold | $549,999$429/sqft |
Source: | ||
| 1/19/2021 | Pending sale | $549,999$429/sqft |
Source: | ||
| 1/19/2021 | Contingent | $549,999$429/sqft |
Source: | ||
| 11/11/2020 | Listed for sale | $549,999$429/sqft |
Source: Douglas Elliman #A10939708 Report a problem | ||
| 11/4/2020 | Pending sale | $549,999$429/sqft |
Source: Douglas Elliman #A10939708 Report a problem | ||
| 10/8/2020 | Listed for sale | $549,999+90.3%$429/sqft |
Source: Douglas Elliman #A10939708 Report a problem | ||
| 8/1/2017 | Sold | $289,000-14.7%$226/sqft |
Source: Public Record Report a problem | ||
| 6/20/2017 | Pending sale | $339,000$265/sqft |
Source: EFA Realty #A10188299 Report a problem | ||
| 5/19/2017 | Price change | $339,000-9.6%$265/sqft |
Source: EFA Realty #A10188299 Report a problem | ||
| 5/8/2017 | Price change | $375,000-5.1%$293/sqft |
Source: EFA Realty #A10188299 Report a problem | ||
| 3/5/2017 | Price change | $395,000-10.2%$308/sqft |
Source: EFA Realty #A10188299 Report a problem | ||
| 12/5/2016 | Listed for sale | $440,000+197.3%$343/sqft |
Source: EFA Realty #A10188299 Report a problem | ||
| 10/20/2014 | Sold | $148,000+97.3%$116/sqft |
Source: Public Record Report a problem | ||
| 7/28/2014 | Sold | $75,000-25.7%$59/sqft |
Source: Public Record Report a problem | ||
| 7/11/2014 | Pending sale | $101,000$79/sqft |
Source: JM International Realty, Inc. #A1943494 Report a problem | ||
| 7/11/2014 | Listed for sale | $101,000+26.3%$79/sqft |
Source: JM International Realty, Inc. #A1943494 Report a problem | ||
| 12/30/2009 | Sold | $80,000+14.3%$62/sqft |
Source: Public Record Report a problem | ||
| 10/9/2001 | Sold | $70,000+55.6%$55/sqft |
Source: Public Record Report a problem | ||
| 7/11/2001 | Sold | $45,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,247 +5.6% | $524,576 +10% |
| 2024 | $10,649 +6.8% | $476,888 +10% |
| 2023 | $9,970 +12.2% | $433,535 +10% |
| 2022 | $8,885 +37.8% | $394,123 +47.3% |
| 2021 | $6,447 +6.1% | $267,644 +8.8% |
| 2020 | $6,073 +9.8% | $245,953 +10% |
| 2019 | $5,533 +7.5% | $223,594 +6.7% |
| 2018 | $5,147 | $209,471 +66.9% |
| 2017 | $5,147 +37.7% | $125,494 +10% |
| 2016 | $3,737 +21.9% | $114,086 +10% |
| 2015 | $3,066 +35.8% | $103,715 +68.1% |
| 2014 | $2,257 -0.1% | $61,697 +10% |
| 2013 | $2,259 | $56,089 -15.5% |
| 2012 | $2,259 -19.8% | $66,366 -26.6% |
| 2011 | $2,818 -14% | $90,472 -13% |
| 2010 | $3,277 -27.4% | $103,975 -36.9% |
| 2009 | $4,516 -8.9% | $164,672 -15.3% |
| 2007 | $4,959 +41% | $194,484 |
| 2006 | $3,516 | -- |
| 2005 | $3,516 +17.4% | -- |
| 2004 | $2,996 +14.4% | -- |
| 2003 | $2,618 +23.7% | -- |
| 2002 | $2,117 | -- |
| 2001 | $2,117 | -- |
Find assessor info on the county website
Monthly payment
Est. payment








