1157 NW 1st St Miami, FL $ 1,500,000
1157 NW 1st St
$ 1,500,000
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1157 NW 1st St

Miami, FL, 33128
$ 1,500,000
Bedrooms15 Baths15.0 Sq 5,520

Monthly Estimate*

$ 9,358

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Commercial Property for sale in Miami, FL

for $1,500,000 with 15 bedrooms and 15 full baths. This 5,520 square foot building was built in 1925.

Prime Value-Add Opportunity in the heart of Miami, 1157 NW 1st St & 12th Ave offers a 15-unit vacant property at shell value, ideal for investors seeking upside in one of Miami’s fastest-growing corridors. Just a block from W Flagler, minutes from the Miami River and Marlins Park, the site sits at the center of redevelopment. Originally 11 units, approved plans expand to 12 one-bedrooms + 3 studios with a new 3rd floor. Zoned T6-12-O, it allows operational flexibility—perfect for co-living or motel/short-term rental concepts. Its strategic location provides direct access to Flagler’s retail corridor, Downtown, 836 HWY, and I-95. Easy to show, call listing agent.

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Commercial Pending

Price

$ 1,500,000

Bedrooms

15

Full Bath

15

Property Type

Commercial

Taxes

$ 13,530

Style

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11865663

Features
General
Year Built 1925
Property Subtype Multi Family
County Miami-Dade
Property Type Commercial Sale
Contingency Financing
Full Baths 15
Status Pending
Directions GPS
City Miami
Zoning Description 6110
Number Of Units Total 15
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 5000
Listing Terms Cash Other
Tax Annual Amount 13530
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11865663
Structure Type Apartment
Standard Status Pending
Occupancy Type Vacant
Property Sub Type Additional Multi Family
Legal Description 2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB E50FT LOTS 12 & 13 BLK 11 LOT SIZE 50.000 X 100 OR 19656-2039 05 2001 1
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Interior
Total Bedrooms 15
Total Baths 0
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Exterior
Lot Size Area 5000
Building Area Total 5520
Covered Spaces 0
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

lunagraciana@gmail.com

Email

Affordability Calculator

$10,486
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$1,128
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
10/22/2025$1,500,000 Listed Price

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1157 NW 1st St, Miami, FL, 33128 is a Commercial Property for sale at $1,500,000 with 5,520 sqft. 1157 NW 1st St has 15 bedrooms, 15.0 baths, and was built in 1925. The property's zip code is 33128 which is in Miami, FL