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Residential Income
$1,199,000
$1,299,000
8%
676 SW 1st St Miami, FL

A11705841

233 of 512 for Sale
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  • Listed On:

    Dec 7, 2024
  • Days on Market:

    389
  • Year:

    1910
  • Taxes:

    $7,480 per year
  • Floor Description:

    Other
  • Occupancy:

  • Zoning:

  • Parking:

676 SW 1st St Miami, FL Exceptional development opportunity in one of Miami’s most explosive growth corridors just minutes from Brickell, Downtown, and major employment hubs. This offering consists of two contiguous parcels totaling approximately 9,500 square feet, including a highly visible corner lot plus the adjacent rear parcel, creating a rare assemblage opportunity in a rapidly transforming neighborhood. Both lots are zoned T6 12 O, allowing for high density residential, mixed use, or full commercial development. The zoning supports multifamily projects, residential over retail concepts, boutique mixed use buildings, or income producing commercial configurations that align perfectly with the area’s urban expansion and demand. The properties are currently owner occupied and not leased, offering a clean slate for immediate redevelopment, while still allowing for short term rental or income strategies if desired. Surrounded by active construction, new multifamily projects, and strong rental absorption, this location sits directly in the path of progress. Opportunities with this zoning, scale, and proximity to Brickell are becoming extremely scarce. This is a true buy and build asset in a high velocity market, ideal for developers and investors seeking strong appreciation, flexible exit strategies, and long term value creation.

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