Remodeled 6-Unit Apartment
For Sale
Contact for pricing
Pending
1740 NW 1st Place, Miami, FL 33136
Six one-bedroom residences offer a compact multifamily configuration near Downtown Miami and major cultural destinations.
Property SizeContact for details
Lot Size0.50 Acres
Days on Market144
Property Features for 1740 NW 1st Place
General Information
Standard status
Pending
Net Rentable
3,462 SF
Lot size
0.50 Acres
Property subtype
Multifamily
Financials
Asking Price
$600,000
Cap Rate
6.83%
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Building Details
Year Built
1928
Year Renovated
2017
Listing Agency:
Fausto Commercial Realty Consultants
(305) 510-6627
Listed By:
Vicente Rodriguez · License #3289280
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 1:56PM
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 Miami apartment property includes six one-bedroom, one-bathroom residences with a combined 3,462 rentable square feet. Originally constructed in 1928, the building underwent a full remodel in 2017 and occupies 0.5 acres. The unit mix provides a straightforward small-scale multifamily format for an apartment investor.
The property is positioned at 1740 NW 1st Place, near Downtown Miami, Bayside Marketplace, Bayfront Park, Wynwood Arts District, Midtown shopping Center, the Miami Design District, and the Adrienne Arsht Center for the Performing Arts. South Beach, Coconut Grove, Coral Gables/Miracle Mile, Key Biscayne, Viscaya Museum & Gardens, and Port of Miami are identified as being within a twenty-minute drive. Nearby development references include the Miami Innovation Center, Miami Central Brightline, Beckham Stadium, and Amazon 2HQ.
The property is positioned at 1740 NW 1st Place, near Downtown Miami, Bayside Marketplace, Bayfront Park, Wynwood Arts District, Midtown shopping Center, the Miami Design District, and the Adrienne Arsht Center for the Performing Arts. South Beach, Coconut Grove, Coral Gables/Miracle Mile, Key Biscayne, Viscaya Museum & Gardens, and Port of Miami are identified as being within a twenty-minute drive. Nearby development references include the Miami Innovation Center, Miami Central Brightline, Beckham Stadium, and Amazon 2HQ.
Key Highlights
- 6 one‑bedroom/one‑bathroom apartment units
- 3,462 rentable square feet across the property
- Built in 1928 and fully remodeled in 2017
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
5,373
Businesses Nearby
Explore this area
Business Placement
Demographics for 33136, FL
15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value
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 - Six one-bedroom residences offer a compact multifamily configuration near Downtown Miami and major cultural destinations.
Where is this apartment building located?
The property is located at 1740 NW 1st Place Miami, FL.
What are key features of this property?
This property features: 6 one‑bedroom/one‑bathroom apartment units; 3,462 rentable square feet across the property; Built in 1928 and fully remodeled in 2017
