1567 NW 1St St Miami, FL 33125
14-unit multifamily building in vibrant Little Havana, operational February 2024.
Lot size:
0.11 AcresProperty Features for 1567 NW 1St St
General Information
- Lot size
- 0.11 Acres
Source:
Elliman
Listing Agent: Carlos Miranda
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Building in Little Havana
This 14-unit multifamily building in Little Havana is coming live and fully operational in February 2024. It can be operated traditionally under the City of Miami double density workforce program as apartments, with 1 unit at 30% AMI, 2 units at 50% AMI, and 12 units at 140% AMI (average median income). Thirteen units are oversized studios, ranging from 440 to 460 square feet and easily convertible to one-bedroom units. There is also one one-bedroom unit with 550 square feet. Alternatively, by paying deferred impact fees, motel or lodging use operators can obtain licensure for short-term rentals. The property is located close to Calle Ocho and Brickell, offering residents a short walk to fine dining, chic shops, sidewalk cafes, and picturesque parks, immersing them in the vibrant culture of the area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.22111
- Latitude
- 25.774496
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FAQs
What type of property is this?
Apartment building - 14-unit multifamily building in vibrant Little Havana, operational February 2024.
Where is this apartment building located?
The property is located at 1567 NW 1St St Miami, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - 14-unit multifamily building in Little Havana.; - Ready for operation in February 2024.; - Eligible for City of Miami double density workforce program.