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

Miami, FL, 33125
$ 4,500,000
Bedrooms-- Baths-- Sq 7,737

Monthly Estimate*

$ 28,074

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Commercial Property for sale in Miami, FL

for $4,500,000. This building is 7,737 square feet.

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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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 9,116

Style

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11528524

Features
General
Property Subtype Multi Family
County Miami-Dade
Property Type Commercial Sale
Status Active
City Miami
Zoning Description T5-L
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 5000
Tax Annual Amount 9116
Virtual Tour https://my.matterport.com/show/?m=YXXEqZugeFz
Structure Type Apartment Hotel/Motel
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Multi Family
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 S100FT LOT 12 BLK 57 LOT SIZE 50.000 X 100 COC 23497-1067 06 2005 5
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Interior
Total Baths 0
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Exterior
Lot Size Area 5000
Building Area Total 7737
Covered Spaces 0
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

mv@faustocommercial.com

Email

Affordability Calculator

$28,834
Per Month
97%
3%
0%
Monthly Principal & Interest
$28,074
Monthly Property Taxes
$760
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$4,500,000 Listed Price

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1567 NW 1st St, Miami, FL, 33125 is a Commercial Property for sale at $4,500,000 with 7,737 sqft. The property's zip code is 33125 which is in Miami, FL