$4,500,000 $24,157 est/mo Sourced by Back At You

1567 NW 1st St,Miami, FL 33125

Miami FL, 33125

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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.

Details

MLS#A11528524
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site77
Listing Provided ByFausto Commercial Realty Consultants Inc | Mauricio Villasuso

Features

SQ Feet7,737
ZoningT5-L
Acreage5000.00
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

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Learn More About This Property

StateFL
CountyMiami Dade County
CityMiami
Zip Code33125
Area41
Listing VS Median (in 33125)
Price:
$4,500,000
low | high
Med:
$370,000
100% of Average
SqFt:
7,737
low | high
Med:
803
100% of Average
$ / SqFt:
$582
low | high
Med:
$461
70.777916147779% of Average
On Site:
77
low | high
Med:
22.000000
100% of Average
Sourced by Back At You
Listing Updated: April 17, 2024 at 1:53:01 PM PDT