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listing
1 of 83
CommercialFor Sale
$4,500,000
1567 NW 1st St
Miami, FL 33125
Courtesy of Fausto Commercial Realty Consultants Inc
MLS: MIAMI Association of REALTORS
Est. Mortgage
$23,328/mo

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.

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Information courtesy of Fausto Commercial Realty Consultants Inc is subject to verification and is not guaranteed.
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