Active
1567 NW 1st St
Miami FL, 33125
$4,500,000
$581.62 per sqft
Active
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
October 2, 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
68
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
T5-L
Listed by: Fausto Commercial Realty Consultants Inc
Listing Contact: 305-340-8901
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Data last updated 2:24 AM UTC, 10/2/2024.