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Multifamily Residential
$4,500,000
1567 NW 1st St Miami, FL

A11528524

60 of 85 for Sale
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an agent
  • Listed On:

    Feb 6, 2024
  • Days on Market:

    83
  • Year:

  • Taxes:

    $9,116 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1567 NW 1st St Miami, FL 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.

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For Sale Details

  • Photo Count

    83

  • Property Type

    Commercial Sale

  • SqFt Total

    5000

Any questions about Multifamily Residential?
Contact our Miami Real Estate Specialist today.

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