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

$1.3M7.7%
$1,199,000
3,134
SqFt
Status
OFF MARKETExpired
Size
3,134 SqFt (291 m2)
Price
$383/SqFt ($4,118/m2)
Type
Multifamily
Built
1910
MLS Number
A11705841
On Site
646 Days
Updated
180 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

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          Price History

          Current
          $1.2M
          High
          $1.3M
          Low
          $1.2M
          Total Change
          -7.7%
          $1.3M$1.2M$1.2MDec 24Jan 25
          Date
          Event
          Price
          Change
          Price Per
          01/12/2025
          Price Reduced
          $1.2M
          -7.7%
          $383 ft2
          $4,118 m2
          12/07/2024
          Listed
          $1.3M
           
          $414 ft2
          $4,462 m2
          01/12/2025
          $1.2M
          Event
          Price Reduced
          Change
          -7.7%
          Price Per
          $383 ft2
          $4,118 m2
          12/07/2024
          $1.3M
          Event
          Listed
          Price Per
          $414 ft2
          $4,462 m2
          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 .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          85

          100
          Transit Score®
          Excellent Transit. Transit is convenient for most trips
          89

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          69

          100
          Sound Score®
          Very loud
          71

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          38

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          1 – 3 BR
          Bedrooms
          $521K – $5.1M
          Price Tier
          607 - 22,000
          SqFt Range
          1969
          Year Build
          3
          Total Floors

          Miami
          Entry-Level
          Entry-Level Homes & Condos