1567 NW 1st St, Miami FL 33125

Description

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.

This income/multifamily home located at 1567 NW 1st St, Miami FL 33125 is currently for sale and has been available on Brickellsold for 428 days. This property is listed at $5M. It has N/A beds, N/A bathrooms, and is N/A square feet. 1567 NW 1st St, Miami FL 33125 is in Miami county Miami-Dade County.