1353 SW 1st St, Miami FL 33135
Miami, FL 33135
$1,850,000
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- Price
- $1,850,000
- Building size
- 5,468
- Property type
- Mixed Use
- Year built
- 1925
- Lot size (sq ft)
- 7,000
- MLS number
- A12062102
This listing is courtesy of FI Real Estate Brokerage LLC, 646-662-8504.
About this property
Rare mixed-use investment opportunity in the heart of East Little Havana, minutes from Brickell and Downtown Miami. This 4,749 SF building sits on a 7,000 SF lot zoned T6-8-O, Miami's Urban Core Transect designation, permitting up to 8 stories and density supporting approximately 24 units by right, with further upside under the Live Local Act. Today, the property delivers immediate cash flow through 5 rental spaces (2 ground-floor commercial, 3 residential), income now with a clear redevelopment path later. Positioned in one of Miami's fastest-appreciating corridors, surrounded by new construction and strong rental demand, this is a land-bank-and-hold play with upside on both sides of the deal. Sold AS-IS. Buyer to verify all zoning, square footage, and permitted use with the City of Miami. Tenant-occupied do not disturb; all showings by appointment only.
Details
- Property type
- Mixed Use
- Year built
- 1925
- Lot size (sq ft)
- 7,000
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC