1567 Northwest 1st Street

Miami, FL 33125

$4,500,000
Price
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Beds
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per Sq. Ft.

Virtual Tour

Virtual Tour

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a kitchen with a refrigerator stove and microwave
a bathroom with a toilet a sink and bathtub
a bathroom with a toilet a sink a mirror and bathtub
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a kitchen with stainless steel appliances granite countertop a stove and a microwave
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a bathroom with a toilet a sink and bathtub
a bathroom with a sink and a bathtub
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a view of an empty room
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a kitchen with cabinets and stainless steel appliances
a kitchen with white cabinets stainless steel appliances and a sink
a bathroom with a sink a vanity and a mirror
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a view of a kitchen with a closet and a refrigerator
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a bathroom with a sink toilet and vanity
a view of utility room
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an empty room with a window
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a view of an empty room
a view of an empty room
a kitchen with cabinets and a refrigerator
a kitchen with stainless steel appliances a stove a microwave and white cabinets
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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...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.
  1. Listed by Mauricio Villasuso • Fausto Commercial Realty Consultants Inc
  2. Listed by Carlos Miranda • Fausto Commercial Realty Consultants Inc

Property Details for 1567 Northwest 1st Street

Area
41
Auction
No
LISTING UPDATED: 04/07/2024 03:00 AM

Property Details for 1567 Northwest 1st Street

StatusActive
MLS #A11528524
Days on Market331
Taxes$9,116 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built-
Lot Size0.11 AC / 5,000 SF
CountyMiami-Dade County

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Building Information for 1567 Northwest 1st Street

Stories-Residences-Year Built-Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 1567 Northwest 1st Street

Location Information
Location Information
  • Parcel Number Free Text: 01-41-02-005-8790
  • Parcel Number MLX: 8790
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 2
  • Subdivision Number: 5
  • Unit Count: 0
  • Zoning Information: T5-L
General Information
General Information
  • Prop Type-Type of Building: Apartments, Hotel/Motel
  • Building Sq Ft: 7,737
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Total Mortgage: $1,500,000
  • Flood Zone: X

Property History for 1567 Northwest 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1567 Northwest 1st Street

Taxable ValueLand$425,000Additions-Total$425,000
Tax Record2023$9,116 ($760 / month)
Home Facts
Total Finished SqFt1,563 SqFtAbove Grade Finished SqFt1,563 SqFtStories1Lot Size5,000 SqFtStyleCommercialYear Built1935Zoning6107:RESID-MECountyMIAMI-DADEAPN01-4102-005-8790

Schools near 1567 Northwest 1st Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Citrus Grove Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Citrus Grove Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
Citrus Grove Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

Citrus Grove Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1567 Northwest 1st Street, Miami, FL 33125

1567 Northwest 1st Street is a multi-family home for sale in Miami, FL 33125. This property was listed for sale on January 30, 2024 by Fausto Commercial Realty Consultants Inc, it's currently listed at $4,500,000. It has been on the market for a total of 331 days and was last sold on September 3, 2022. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Citrus Grove Elementary School, Air Base K-8 Center for International Education and Citrus Grove Middle School. 1567 Northwest 1st Street is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fausto Commercial Realty Consultants Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.