Pending

1567 NW 1st St

Miami FL, 33125

$4,500,000


$581.62 per sqft

Pending

7,737 sqft

Commercial

Coming live and fully operational this February 2024 is this amazing 14 unit multifamily building in Little Havana. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 1 units 30% AMI, 2 units at 50% AMI, and 12 units at 140% AMI (average median income). 13 Units are oversized Studios (easily converted to 1 bedrooms, 440-460 SF), and 1 one bedroom (550 SF). Alternative, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental. With close proximity to Calle Ocho and Brickell fine dining, chic shops, sidewalk cafes and picturesque parks, are a brisk walk away for residents who will be immersed in the vibrant culture of the area.

A11528524

MLS ID

January 30, 2024

Listed

November 10, 2024

Updated

Map

1567 NW 1st St
Miami FL, 33125

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres

Other Property Details

Taxes

$9,116


Tax Frequency

Annually


Days on Market

283


Garage

No


View

No


County

Miami-Dade County


Pool

No


Zoning

T5-L

Listing History

Date

Event

Price

11/10/2024

Pending

Listed by:  Fausto Commercial Realty Consultants Inc
Listing Contact: 305-340-8901 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 8:13 PM UTC, 11/10/2024.

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