Excellence in South Florida Real Estate

1567 NW 1st St, Miami, 33125

  • $4,500,000

Buy

Miami

Quick Details

MLS #: A11528524
  • 5000
  • Lot sqft

Description

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.

  • Address 1567 NW 1st St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33125
  • Area Miami-dade County

Details

  • MLS #: A11528524
  • Price: $4,500,000
  • Land Area: 5000 sqft
  • Property Status: Buy
Listed by Mauricio Villasuso · Fausto Commercial Realty Consultants Inc - Updated on May 6, 2025 at 8:13 am

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Yasemin Jazmati
  • Yasemin Jazmati