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$6,800,000
The property is positioned to capitalize on downtown’s rapid revitalization. it is adjacent to the historic post office, half a block south of 1400 units under construction, and half a block north of the diamond district. the property is composed of three floors + a basement, totaling ca. 18,500 square feet. all floors have already been gutted. permits will soon be approved to renovate the facade, install a grease trap, and whitebox the ground floor and basement. once completed, a retail tenant will be sought. alternatively, the property is zoned t6o-80. density allows for 110 units. no parking is required at all due to the property’s proximity to the metro mover. the seller will consider owner financing, a joint venture, or any other creative proposals that can benefit both parties.Multi Family - for Sale
128 NE 1ST AVE, MIAMI, FL 33132
Asking Price$6,800,000
Share by:
- Lot size 5000sqft
- Year Built 1937
-
Days on market:
54 day(s) Original Price:
$6,800,000Tax Legal Description:
MIAMI NORTH PB B-41 S50FT OF LOTS 1 & 2 BLK 105 LOT SIZE 50.000 X 100 OR 20907-1593 1202 1-
MLS:
A11589040 -
Property Type:
Multi Family -
Parking:
Valet On Street -
Inclusions:
Building & Land
Roof:
ShingleFloor Description:
ConcreteSpecial Listing Conditions:
SaleLot Features:
Central Business District City Location
Description
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