Multifamily Development
For Sale
Contact for pricing
Pending
743 NW 1st St, Miami, FL 33128
Apartment/multifamily property positioned by the Miami River with high-density zoning for by-right residential development.
Property SizeContact for details
Days on Market142
Property Features for 743 NW 1st St
General Information
Standard status
Pending
Property subtype
Special Purpose
Listing Agency:
Fausto Commercial Realty Consultants
(305) 340-8901
Listed By:
Mauricio Villasuso · License #3254982
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Aug 29 at 7:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty Consultants
Investment Insights
Based on property information with market context.
This for-sale apartment/multifamily property is positioned along an active Miami River frontage near NW 8 AV. The offering is presented in connection with nearby riverfront and mixed-use development activity in the East Little Havana area.
Public remarks note high-density zoning at 150 units/acre, allowing for 52 units by right. The remarks also state that TOD benefits may allow for parking reductions. The adjacent and nearby context cited includes the 555 Riverhouse mixed-use project and the Miami River Walk project, along with additional development activity behind the site.
Additional information in the remarks references a proposed 138-unit, 12-story building across from the Miami River Walk. Interested parties should contact the listing team for details on the current site configuration and the applicable development parameters.
Public remarks note high-density zoning at 150 units/acre, allowing for 52 units by right. The remarks also state that TOD benefits may allow for parking reductions. The adjacent and nearby context cited includes the 555 Riverhouse mixed-use project and the Miami River Walk project, along with additional development activity behind the site.
Additional information in the remarks references a proposed 138-unit, 12-story building across from the Miami River Walk. Interested parties should contact the listing team for details on the current site configuration and the applicable development parameters.
Key Highlights
- High‑density zoning: 150 units/acre for by‑right residential development.
- Zoning supports 52 units by right.
- TOD benefits allow for parking reductions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 33128, FL
8,213
Population
4,533
Households
1.8
Avg Household Size
41
Median Age
22%
College-Educated
66%
High-School Grad
0.4 sq mi
ZIP Area
20,533
Density / Sq Mi
$36,308
Median Household Income
$32,082
Median Earnings
$1,316
Median Rent
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment/multifamily property positioned by the Miami River with high-density zoning for by-right residential development.
Where is this apartment building located?
The property is located at 743 NW 1st St Miami, FL.
What are key features of this property?
This property features: High‑density zoning: 150 units/acre for by‑right residential development.; Zoning supports 52 units by right.; TOD benefits allow for parking reductions.
