Miami, FL

1157 NW 1st St, Miami FL 33128

5520 SF LIVING AREA
$3,150,000

Key Details

Status
Active
Property Type
Quadruplex
Year Built
1925

Overview

Stunning Spanish Colonial 11 rental multifamily unit in the heart of Little Havana, mixed between (3)one-bedrooms with 450 sq ft and (8)two-bedroom units with 700 sqft. This multifamily consists of two-story, and there are two buildings. The first building consists of (8)units and the second building in the back consists of (3)units. The property currently is under construction. Blocks away from the most transited area in the city (Brickell). Currently, there are plans in the city to increase to 15 units. After completion of construction, renovations, and reaching full occupancy it will have an estimated market value of $4.5 M. Unlimited free street parking. The foundation of the building was redone in order to comply with the city code.

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