Multifamily For Sale
1567 Nw 1st St, Miami, FL 33125

$4,500,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11528524
  • Virtual Tour: YES
  • List Price: $4,500,000
  • Taxes:$9,116
  • Listing Date:February 6, 2024
  • Days On Market:238

Description


Coming live and fully operational this February 2024 is this amazing 14 unit multifamily building in Little Havana. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 1 units 30% AMI, 2 units at 50% AMI, and 12 units at 140% AMI (average median income). 13 Units are oversized Studios (easily converted to 1 bedrooms, 440-460 SF), and 1 one bedroom (550 SF). Alternative, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental. With close proximity to Calle Ocho and Brickell fine dining, chic shops, sidewalk cafes and picturesque parks, are a brisk walk away for residents who will be immersed in the vibrant culture of the area.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker