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$ 1,299,999
Est. payment /mo
Active
676 SW 1st St Miami, FL 33130
4,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $288
MLS Listing ID A11954703
HOA Y/N No
Annual Tax Amount $7,480
Lot Size 4,499 Sqft
Acres 0.1033
Property Sub-Type Multi Family
Property Description
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.
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.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11954703

Listed by Avenew Realty Corp
NEARBY SCHOOLS & PROPERTIES

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