1157 NW 1st St, Miami FL 33128
$1,500,000
Est. Payment $7,984/mo
1925
Year Built
52
Days on Market
Description
Prime Value-Add Opportunity in the heart of Miami, 1157 NW 1st St & 12th Ave offers a 15-unit vacant property at shell value, ideal for investors seeking upside in one of Miami’s fastest-growing corridors. Just a block from W Flagler, minutes from the Miami River and Marlins Park, the site sits at the center of redevelopment. Originally 11 units, approved plans expand to 12 one-bedrooms + 3 studios with a new 3rd floor. Zoned T6-12-O, it allows operational flexibility—perfect for co-living or motel/short-term rental concepts. Its strategic location provides direct access to Flagler’s retail corridor, Downtown, 836 HWY, and I-95. Easy to show, call listing agent.
Facts
- MLS#
- A11865663
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1925
- Lot Size
- 5,000 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 52 days
- Listed
- Aug 26, 2025
- Last Updated
- Jan 21, 2026
- Price/Lot Sq.Ft.
- $300/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$1,500,000
— bd · 0 ba · —
432 NW 12th Ave, Miami FL 33128
SOLD$1,500,000
— bd · 0 ba · —
432 NW 12th Ave, Miami FL 33128
SOLD$1,480,000
— bd · 0 ba · —
932 NW 5 St, Miami FL 33128
SOLD$1,480,000
— bd · 0 ba · —
963 NW 5th St, Miami FL 33128
SOLD$1,550,000
— bd · 0 ba · —
817 NW 2nd St, Miami FL 33128
SOLD$1,550,000
— bd · 0 ba · 3,510 sqft
701 NW 1st St, Miami FL 33128
SOLD$1,425,000
— bd · 0 ba · 4,032 sqft
1068 NW 5th St, Miami FL 33128
SOLD$1,400,000
— bd · 0 ba · —
1043 NW 5th St, Miami FL 33128
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
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).
| 1/21/2026 | Sold | $1,500,000 |
| 8/26/2025 | Listed for sale | $1,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$9,384/mo
Principal & Interest
$7,984
Property Tax
$1,250
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Miami around $1,500,000.
1935 SW 10th Street, Miami FL 33135
927 4th Street, Miami FL 33130
429 NW 10th Avenue, Miami FL 33128
1104 NE 85th St, Miami FL 33138
12949 SW 140 Street Rd, Miami FL 33186
11380 SW 131st St, Miami FL 33176