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$4,500,000
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Property Description
Coming live and fully operational this February 2024 is this amazing 14 unit multifamily building in Little Havana. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 1 units 30% AMI, 2 units at 50% AMI, and 12 units at 140% AMI (average median income). 13 Units are oversized Studios (easily converted to 1 bedrooms, 440-460 SF), and 1 one bedroom (550 SF). Alternative, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental. With close proximity to Calle Ocho and Brickell fine dining, chic shops, sidewalk cafes and picturesque parks, are a brisk walk away for residents who will be immersed in the vibrant culture of the area.
Full Property Details
Full Property Details for 1567 NW 1st St
General
- Price: $4,500,000
- Taxes: $9,116
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11528524
- Updated: 10/23/2025
- Added to Site: 722 day(s) ago
Business
- Business Type: Apartments, Hotel/Motel
Location
- County: Miami-Dade County
Structural Information
- Detached/Attached: Detached
- Building Size: 7737
Lot Features
- Lot Size (Sq. Ft.): 5,000
- Zoning: T5-L
Financial Considerations
- Tax Amount: $9,116
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 S100FT LOT 12 BLK 57 LOT SIZE 50.000 X 100 COC 23497-1067 06 2005 5
- Property ID: 01-41-02-005-8790
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 1567 NW 1st St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Grove Elementary School, Miami, FL 2121 Northwest 5th Street, Miami, FL 33125 | PK-5 | 0.7 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 0.6 mi |
Miami Senior High School 2450 Southwest 1st Street, Miami, FL 33135 | 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 1567 NW 1st St
Date
Details
Price
Change
Source
1/30/2024
Listed
$4,500,000
488.24%
MLS
8/22/2022
Sold
$765,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1567 NW 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,580
5%
$500,000
18%
2023
$9,116
49%
$425,000
58%
2021
$6,110
-7%
$269,677
-13%
2022
$6,583
8%
$309,887
15%
2021
$6,110
16%
$269,708
46%
2019
$5,252
11%
$185,244
10%
2018
$4,717
10%
$168,404
-32%
2017
$4,280
11%
$246,986
77%
2016
$3,841
8%
$139,178
10%
2015
$3,543
10%
$126,526
10%
2014
$3,232
18%
$115,024
10%
2013
$2,749
—
$104,568
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1567 NW 1st St
1567 NW 1st St, Miami, FL 33125 (MLS# A11528524) is a Apartment property. 1567 NW 1st St is currently listed for $4,500,000 and was received on January 30, 2024. Want to learn more about 1567 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.

