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$1,500,000
Est. payment /mo
5,520 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,520 sqft
Price per Sqft $271
MLS Listing ID A11865663
HOA Y/N No
Year Built 1925
Annual Tax Amount $13,530
Lot Size 5,000 Sqft
Property Sub-Type Multi Family
Property Description
Prime Value-Add Opportunity in the heart of Miami, 1157 NW 1st St & 12th Ave offers a 15-unit vacant property at shell value, ideal for investors seeking upside in one of Miami's fastest-growing corridors. Just a block from W Flagler, minutes from the Miami River and Marlins Park, the site sits at the center of redevelopment. Originally 11 units, approved plans expand to 12 one-bedrooms + 3 studios with a new 3rd floor. Zoned T6-12-O, it allows operational flexibility—perfect for co-living or motel/short-term rental concepts. Its strategic location provides direct access to Flagler's retail corridor, Downtown, 836 HWY, and I-95. Easy to show, call listing agent.
Location
State FL
County Miami-dade
Area 41
Direction GPS
Exterior
Private Pool Yes
Others
Tax ID 01-41-02-005-2090
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11865663
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Listed by Fausto Commercial Realty Consultants Inc
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