Coming live and fully operational this February 2024 is this amazing 14 unit multifamily building in Little Havana. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 1 units 30% AMI, 2 units at 50% AMI, and 12 units at 140% AMI (average median income). 13 Units are oversized Studios (easily converted to 1 bedrooms, 440-460 SF), and 1 one bedroom (550 SF). Alternative, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental. With close proximity to Calle Ocho and Brickell fine dining, chic shops, sidewalk cafes and picturesque parks, are a brisk walk away for residents who will be immersed in the vibrant culture of the area.
- Address 1567 NW 1st St
- City Miami
- County Miami-Dade
- Zip 33125
- Price $4,500,000
- Status Pending
- Subdivision
- Pets Allowed No
- MLS® # A11528524
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Pending
- Square Feet
- Year Built
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $9,116
- Tax Year