Listing Agency: Douglas Elliman Real Estate b***@elliman.com Show Phone

Listed By: Brian Carter, P.A. · License #FL 3022095

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 1:11PM

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Investment Insights

Based on property information with market context.

This site has nearly permit-approved plans for a 44-unit lifestyle development, with retail space totaling approximately 4,330 SF and parking designed to reflect a 100% parking reduction. The offering is described as shovel ready in roughly 60 to 90 days from closing, with an updated offering memorandum referenced for review.

The plans also contemplate a possible rooftop entertainment area, along with the included retail component.

Located at 861 SW 1st St in Miami, the site is described as near Downtown and Calle Ocho, and central to Brickell, the Gables, the Grove, and the Hospital District/Wynwood.

Key Highlights

• Nearly permit‑approved plans for a 44‑unit lifestyle development
• About 4,330 SF +/- of retail planned as part of the development
• Proposed for either short‑term or long‑term rentals

Property Analytics

Current Use

OFG Recicle Auto Parts Store

Suggested Use

Top Pick Carpet & Flooring Store Butcher Restaurant Adult Day Care (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,017

Businesses Nearby

Explore this area Business Placement

Demographics for 33130, FL

35,609

Population

20,377

Households

1.7

Avg Household Size

36

Median Age

42%

College-Educated

81%

High-School Grad

1.1 sq mi

ZIP Area

32,372

Density / Sq Mi

$57,933

Median Household Income

$36,888

Median Earnings

$1,656

Median Rent

$479,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Plans are nearly permit-approved for a 44-unit lifestyle development with about 4,330 SF of retail.

Where is this residential land & home lot located?

The property is located at 861 SW 1st St Miami, FL.

What are key features of this property?

This property features: Nearly permit‑approved plans for a 44‑unit lifestyle development; About 4,330 SF +/- of retail planned as part of the development; Proposed for either short‑term or long‑term rentals