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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

1157 NW 1ST ST, MIAMI, FL 33128

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Income/MultiFamily - for Sale

1157 NW 1ST ST, MIAMI, FL 33128

Asking Price$1,500,000

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  • Days on market:

    21 day(s)

  • Original Price:

    $1,500,000

  • Tax Legal Description:

    2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB E50FT LOTS 12 & 13 BLK 11 LOT SIZE 50.000 X 100 OR 19656-2039 05 2001 1

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$1,500,000

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.

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