711 NW 1st Street

    Miami, FL 33128
    • $550,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: A10536446
    UPDATED: 42 min ago
    $550,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,159
      SQFT
    • $174
      $/SQFT
    Neighborhood:
    41
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:
    41

    School Ratings & Info

    Description

    Charming Art Deco building featuring 4 units located in booming East Little Havana. Fully rented. sellers are in the process of increasing the rents. Built a few steps from the Miami River. 5 mns from Brickell. Close to the historic Miami River Inn Hotel that was purchased and fully renovated by developer Avra Jain ( see photo ). Upside potential in higher rents ( rents are currently under market rates ) and great development opportunity with T-6-8 zoning to build up to 8 stories. Please note that the whole corner block is zoned T-6-8, which is key for a developer willing to assemble various properties on the same block and develop. Please do not disturb tenants.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-10-15T21:40:28.98.
    www.welovesouthflorida.com/homes/87401793

    711 NW 1st Street Miami, FL 33128

    • Price: $550,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: A10536446
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,159
    SQFT
    $174
    $/SQFT
    1925
    Built
    Neighborhood:
    41
    County:
    Miami-Dade
    Area:
    41
    Property Description
    Charming Art Deco building featuring 4 units located in booming East Little Havana. Fully rented. sellers are in the process of increasing the rents. Built a few steps from the Miami River. 5 mns from Brickell. Close to the historic Miami River Inn Hotel that was purchased and fully renovated by developer Avra Jain ( see photo ). Upside potential in higher rents ( rents are currently under market rates ) and great development opportunity with T-6-8 zoning to build up to 8 stories. Please note that the whole corner block is zoned T-6-8, which is key for a developer willing to assemble various properties on the same block and develop. Please do not disturb tenants.
    Exterior Features

    Construction Type Concrete Block With Brick Num Parking Spaces 0 Pool Yn No Roof Description Other Roof Style Fourplex Waterfront Property Yn No

    Interior Features

    Cooling Description Other Floor Description Tile Floors Heating Description No Heat

    Property Features

    Association Type None Cable Available YN No Flood Zone Ae Information Available Other Available Information Lot Description Less Than 1/4 Acre Lot Property Type Information OtherStairs Rent Includes Pest Control Reo YN No Section 0 Separate Meter Yn No Sewer Description Other Sewer Short Sale Yn No Subdivision Complex Bldg City Of Miami South Tax Amount 7580 Tax Information Tax Reflects No Homestead Tax Tax Year 2017 Terms Considered All Cash Typeof Property Fourplex Year Built Description Resale

    Listing courtesy of Fip Realty Services, Llc.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-10-15T21:40:28.98.
     
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