550 NW 1st St, Miami FL 33128

Closed

$925,000

Est. Payment $4,923/mo

MLS Sheet Video

1919

Year Built

419

Days on Market

Description

Exceptional property in East Little Havana along the very active Miami River front and by NW 8 AV. Nearby is the Carlos Zapata designed 555 Riverhouse mixed-use project. The Miami River Walk, a 688-unit project along 6.3 acres by the river is close and J. Milton & Associates who already constructed 250 units just behind this site are proposing the Reflections: a 138 unit, 12- story building across the street from Miami River Walk. The zoning is high density at 150 units/acre allowing for 25 units by right. TOD benefits allow for parking reductions or eliminations. Many are capitalizing already and small scale developments are filling the streets in this booming segment of the neighborhood. Contact us now to participate in this venture.

Facts

MLS#
A10919201
Subdivision
—
Property Type
Commercial Sale
Property Sub Type
Mixed Use
Year Built
1919
Lot Size
7,500 ft²
Sq. Ft.
—
Sq. Mt.
—
Price per sq. ft.
—
Price per sq. mt.
—
Stories
—
Garage
—
Pool
—
Days on Market
419 days
Listed
Aug 4, 2020
Last Updated
Nov 9, 2021
Price/Lot Sq.Ft.
$123/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

35

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

11/9/2021Sold$925,000
8/4/2020Listed for sale$925,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

550 NW 1st St, Miami FL 33128Directions

Estimated Monthly Payment

$5,844/mo

Principal & Interest

$4,923

Property Tax

$771

Insurance

$150

HOA

$0

20% ($185,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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