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$1,195,000

  • For Sale
  • Active
  • Multi-Family
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Recently approved for its 50-year recertification, this building provides peace of mind with no required inspections for the next 10 years. Excellent investment opportunity! This fully occupied 4-unit multifamily property offers immediate cash flow with significant upside potential. Each unit is well-maintained and tenant-occupied. This property offers strong potential for future rental increases. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a growing area, this property is a must-see.

Full Property Details for 701 NW 1st St

General

  • Price: $1,195,000
  • Taxes: $13,809 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11833174
  • Updated: 12/18/2025
  • Added to Site: 199 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Interior

  • Flooring: Tile

Location

  • Area: City Of Miami South
  • County: Miami-Dade County
  • Subdivision: CITY OF MIAMI SOUTH
  • Building Name: CITY OF MIAMI SOUTH

Community

  • Community Name: City Of Miami South
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Wall/Window Unit(s)
  • Heating Type: Electric, Window/Wall

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Old Spanish
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Flat Roof With Facade Front
  • Stories/Levels: 2
  • Building Size: 3510
  • Square Feet: 3,510
  • Living Area: 3,510 Sq. Ft.
  • Year Built: 1925

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 4601

Financial Considerations

  • Price Per Sq. Ft.: $340.46
  • Tax Amount: $13,809
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Deposit - Security, Rent Rolls
  • Legal Description: CITY OF MIAMI SOUTH PB B-41 S50FT LOT 19 BLK 7 LOT SIZE 50.000 X 50 OR 20017-0312 09 2001 4 COC 21845-4509 11 2003 4
  • Property ID: 01-02-00-070-1240

Listed by Florida Brokers Intl' Realty

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— 701 NW 1st St —

  • Florida Brokers Intl' Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 NW 1st St

School District:Dade County School District
NameGradesDistance
Riverside Elementary Community School
1190 Southwest 2nd Street, Miami, FL 33130
PK-50.5 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-120.8 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 701 NW 1st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$1,195,000
-5.53%
MLS
7/02/2025
Listed
$1,265,000
76.63%
MLS
11/04/2022
Sold
$716,200
—
Public Record
Get Price Alerts and Save Property
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 for 701 NW 1st St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,385
15%
$816,585
21%
2023
$12,514
35%
$672,387
53%
2021
$9,239
-6%
$439,797
-9%
2022
$9,867
7%
$485,000
23%
2021
$9,239
14%
$393,094
3%
2019
$8,120
5%
$380,372
3%
2018
$7,750
4%
$370,000
5%
2017
$7,482
28%
$353,165
32%
2016
$5,823
248%
$266,776
52%
2015
$1,673
7%
$175,113
6%
2014
$1,559
20%
$164,993
8%
2013
$1,294
—
$152,169
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Florida Brokers Intl' Realty

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701 NW 1st St, Miami, FL 33128 (MLS# A11833174) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 701 NW 1st St is currently listed for $1,195,000 and was received on July 02, 2025. Want to learn more about 701 NW 1st St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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