Renovated Five-Unit Residential
8270 NE 1st Pl Miami, FL 33138
For Sale
$2,690,000
Renovated five-unit compound with on-site income and zoning that supports multifamily or mixed-use development.
Property Size3,271 SF
Price / SF$822.38
Days on Market256
Property Features for 8270 NE 1st Pl
General Information
- Standard status
- Active
- Size
- 3,271 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1941
Listing Agency:
The Alpha Commercial Advisors LLC
(201) 264-0113
Listed By:
Jamie Maniscalco · License #3391005
(201) 264-0113
Source:
Xome
Added: Nov 9, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:39PM
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 The Alpha Commercial Advisors LLC
Investment Insights
Based on property information with market context.
The property is a fully renovated five-unit compound consisting of four multifamily units and one single-family residence. The majority of the property is currently rented as short-term rentals, with the setup also described as suitable for traditional month-to-month or annual rentals, and potentially available under a master lease to a commercial use such as a school, artist campus, or health and wellness facility.
The site is zoned T5-O and is located within Miami’s Little River area. The remarks indicate by-right zoning allows for a mixed-use or multifamily project of up to 19 units and 5 stories before bonuses, with office and retail components optional. The property is also identified as being within an Opportunity Zone and with Live Local Eligibility, which the remarks state could allow for up to 292 units and 8–12 stories. The site sits on the cusp of the T6-8-O district, creating a potential up-zoning play based on proximity to the boundary and recent precedent mentioned in the materials.
While development plans are pursued, the existing renovated compound provides interim income through its current rental configuration.
The site is zoned T5-O and is located within Miami’s Little River area. The remarks indicate by-right zoning allows for a mixed-use or multifamily project of up to 19 units and 5 stories before bonuses, with office and retail components optional. The property is also identified as being within an Opportunity Zone and with Live Local Eligibility, which the remarks state could allow for up to 292 units and 8–12 stories. The site sits on the cusp of the T6-8-O district, creating a potential up-zoning play based on proximity to the boundary and recent precedent mentioned in the materials.
While development plans are pursued, the existing renovated compound provides interim income through its current rental configuration.
Key Highlights
- Renovated five‑unit compound: 4 multifamily units plus 1 single‑family residence
- Most units currently rented as short‑term rentals with strong fit for an AirBnB model
- Zoned T5‑O, supporting mixed‑use and multifamily development in Miami’s urban core
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Short term rental property - Renovated five-unit compound with on-site income and zoning that supports multifamily or mixed-use development.
Where is this short term rental property located?
The property is located at 8270 NE 1st Pl Miami, FL.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Renovated five‑unit compound: 4 multifamily units plus 1 single‑family residence; Most units currently rented as short‑term rentals with strong fit for an AirBnB model; Zoned T5‑O, supporting mixed‑use and multifamily development in Miami’s urban core
