560 NW 1st St, Miami FL 33128

Closed

$1,725,000

Est. Payment $9,181/mo

MLS Sheet Video

1971

Year Built

Days on Market

Description

Exceptional property in East Little Havana along NW 1 ST and with immediate access to the Miami River, Flagler ST and Downtown. 1970s CBS construction, eight unit apartment building on a 7,500 SF lot zoned T6-8-O. The building as a diverse mix of units; 5: 2 bedroom 1 bath, 3: 1 bedroom 1 bath. Within five minutes of Brickell and Downtown. Miami's nationally recognized Little Havana neighborhood is known for its culturally-rich and colorful lifestyle. The zoning here is high density at 150 units/acre making this a 26 unit by right covered land play opportunity! If you're looking to develop in the future in this densely populated area that keeps growing, where demand in the rental market is strong, then don’t wait to contact us.

Facts

MLS#: A11244573
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1971
Lot Size: 7,500 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 83 days
Listed: Jun 1, 2022
Last Updated: Oct 17, 2022
Price/Lot Sq.Ft.: $230/ft²

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Market insights for Miami

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

Sellers market

September 2026

100/100

Buyers marketSellers market

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).

10/17/2022	Sold	$1,725,000
6/1/2022	Listed for sale	$1,725,000

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

Location

560 NW 1st St, Miami FL 33128Directions

Estimated Monthly Payment

$10,769/mo

Principal & Interest

$9,181

Property Tax

$1,438

Insurance

$150

HOA

Down Payment20% ($345,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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