84
See all 83 photos
$4,500,000
Est. payment /mo
7,737 SqFt
Pending
1567 NW 1st St Miami, FL 33125
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UPDATED:
12/27/2024 09:31 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 7,737 sqft
Price per Sqft $581
MLS Listing ID A11528524
HOA Y/N No
Annual Tax Amount $9,116
Contingent Other
Lot Size 5,000 Sqft
Property Sub-Type Multi Family
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.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Tax ID 01-41-02-005-8790
Virtual Tour https://my.matterport.com/show/?m=YXXEqZugeFz
Listed by Fausto Commercial Realty Consultants Inc