1520 NW 1st St, Miami FL 33125

Closed

$1,500,000

Est. Payment $7,984/mo

MLS Sheet Video

1930

Year Built

34

Days on Market

Description

Fausto Commercial presents Charwin Apartments: a charming Miami Spanish-style six-plex on a major commercial corridor. It offers two one-bed/one-bath units and four two-bed/one-bath units with spacious living areas. With a 5-year-old roof, this competitively priced property is ideal for renovation. Its historic architecture may qualify for tax abatements, credits, and restoration grants. Zoned T5-L, it's eligible for short-term rentals and the Live-Local program. The location ensures excellent connectivity to major roadways, highways, and nearby retail. With attractive unit sizes, competitive pricing, and a strategic location, this is a great opportunity for investors seeking immediate returns and long-term growth.

Facts

MLS#
A11874536
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1930
Lot Size
7,500 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
34 days
Listed
Sep 8, 2025
Last Updated
Apr 27, 2026
Price/Lot Sq.Ft.
$200/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

June 2026

100/100
Buyers marketSellers market

36

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).

4/27/2026Sold$1,500,000
9/8/2025Listed 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

1520 NW 1st St, Miami FL 33125Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$9,384/mo

Principal & Interest

$7,984

Property Tax

$1,250

Insurance

$150

HOA

$0

20% ($300,000)
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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Updated within 24 hours

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