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East Little Havana, 676 SW 1st St, Miami, FL, Florida 33130

1,299,000(-7.7% )
3,134SqFt

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Details

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Status:
Active
Size: 3,134 SqFt (291 m2)
Price: $383/SqFt ($4,118/m2)
Type: Multi Family
Built: 1910
MLS Number: A11705841
On Site: 403 Days
Updated: 16 Days ago
Page Views: 0
Exceptional Development Opportunity In One Of Miami’s Most Explosive Growth Corridors Just Minutes From Brickell, Downtown, And Major Employment Hubs. This Offering Consists Of Two Contiguous Parcels Totaling Approximately 9,500 Square Feet, Including A Highly Visible Corner Lot Plus The Adjacent Rear Parcel, Creating A Rare Assemblage Opportunity In A Rapidly Transforming Neighborhood. both Lots Are Zoned T6 12 O, Allowing For High Density Residential, Mixed Use, Or Full Commercial Development. The Zoning Supports Multifamily Projects, Residential Over Retail Concepts, Boutique Mixed Use Buildings, Or Income Producing Commercial Configurations That Align Perfectly With The Area’s Urban Expansion And Demand. the Properties Are Currently Owner Occupied And Not Leased, Offering A Clean Slate For Immediate Redevelopment, While Still Allowing For Short Term Rental Or Income Strategies If Desired. Surrounded By Active Construction, New Multifamily Projects, And Strong Rental Absorption, This Location Sits Directly In The Path Of Progress. opportunities With This Zoning, Scale, And Proximity To Brickell Are Becoming Extremely Scarce. This Is A True Buy And Build Asset In A High Velocity Market, Ideal For Developers And Investors Seeking Strong Appreciation, Flexible Exit Strategies, And Long Term Value Creation.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other
        • Year Built: 1910
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-12-07T17:16:56.000-00:00
          Taxes, Fees & More
          • Taxes: 7480

          Apples-to-Apples Comparables

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          Price History

          01/12/2025

          Date

          Price Reduced

          Event

          $1.2M

          Price

          -7.7%

          Change Rate

          $383 ft2 / $4,118 m2

          Price Per

          12/07/2024

          Date

          Listed

          Event

          $1.3M

          Price

          $414 ft2 / $4,462 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Ander EgurrolaAvenew Realty Corp • Buyer Agency Compensation .

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