1157 NW 1st St, Miami, FL 33128 - Photo 1

1/1

$1,350,000

Sold
Closed
Apartment

1/1

Property 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.

Full Property Details

Full Property Details for 1157 NW 1st St

General

Sold For: $1,350,000
Taxes: $13,530
Status: Closed
Type: Apartment
Source: Greater_Miami
MLS ID: A11865663
Added to Site: 178 day(s) ago

Business

Business Type: Commercial/Residential Income, Apartments

Location

County: Miami-Dade County
Driving Directions: GPS

Community

Units Assoc/Comm: 15

Structural Information

Detached/Attached: Detached
Building Size: 5520
Year Built: 1925

Unit Information

Units in Complex: 15

Lot Features

Lot Size (Sq. Ft.): 5,000
Potential Use: Investment
Zoning: 6110

Financial Considerations

Tax Amount: $13,530
Terms: All Cash

Disclosures and Reports

Special Conditions: Sale
Legal Description: 2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB E50FT LOTS 12 & 13 BLK 11 LOT SIZE 50.000 X 100 OR 19656-2039 05 2001 1
Property ID: 01-41-02-005-2090

Listed by Fausto Commercial Realty Consultants Inc
Sold by LoKation

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Listing agents

— 1157 NW 1st St —

Fausto Commercial Realty Consultants Inc
Fausto Commercial Realty Consultants Inc

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Schools

Schools serving 1157 NW 1st St

School District:Dade County School District

Name	Grades	Distance
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130	PK-5	0.3 mi
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127	6-8	2.2 mi
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1157 NW 1st St

Date

Details

Price

Change

Source

1/21/2026

Sold

$1,350,000

-10%

MLS

8/26/2025

Listed

$1,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1
Bed
1
Total Bath
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1157 NW 1st St, Miami, FL 33128 (MLS# A11865663) is a Apartment property that was sold at $1,350,000 on January 21, 2026. Want to learn more about 1157 NW 1st St? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

1157 NW 1st St Miami, FL 33128