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- $4.5M Price
- 313 DOM
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.
Essential Information
- MLS® #A11528524
- Price$4,500,000
- Bathrooms0.00
- TypeCommercial
- Sub-TypeMulti Family
- StatusPending
Community Information
- Address1567 Nw 1st St
- Area41
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33125-5504
Additional Information
- Date ListedFebruary 6th, 2024
Listing Courtesy of
Fausto Commercial Realty Consultants Inc