$4,500,000

1567 NW 1st St, Miami, FL 33125

7,737 sqft

Multi-Family Home
Built in ——
4,792sqft lot
—— car garage
$582/sqft
Listed 1 year ago

Property 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.

Listing Status:: Active
Date Added:: January 30, 2024 at 06:00AM
Listing Office:: Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:: Mauricio Villasuso : 305-340-8901
MLS ID:: A11528524

Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: T5-LLAWRENCE ESTATE LAND COS SUB PB 2-46 S100FT LOT 12 BLK 57 LOT SIZE 50.000 X 100 COC 23497-1067 06 2005 501-41-02-005-8790

Source: Miami Association of REALTORS®

This listing courtesy of Mauricio Villasuso, Fausto Commercial Realty Consultants Inc

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Alpha Charter of Excellence

1217 SW 4th St, Miami, FL, 33135

Grades KG-5

0.51 miles away

Young Womens Preparatory Academy

1150 SW 1st St, Miami, FL, 33130

Grades 6-12

0.48 miles away

Young Womens Preparatory Academy

1150 SW 1st St, Miami, FL, 33130

Grades 6-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.