1567 Nw 1st St, Miami, FL

$4,500,000

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About 1567 Nw 1st St

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.

Commercial property for sale in Miami, FL at 1567 Nw 1st St.

Features of 1567 Nw 1st St

MLS® # A11528524
Price $4,500,000
Bathrooms 0.00
Acres 0.00
Type Commercial
Sub-Type Multi Family
Status Active

Community Information: Miami

Address 1567 Nw 1st St
Area 41
City Miami
County Miami-Dade
State FL
Zip Code 33125-5504

Amenities of 1567 Nw 1st St

Is Waterfront No
Has Pool No

Interior of 1567 Nw 1st St

Fireplace No

Additional Information On 1567 Nw 1st St

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Date Listed February 6th, 2024

Listing Details

OfficeFausto Commercial Realty Consultants Inc

Listing Map

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