The property is positioned to capitalize on Downtown’s rapid revitalization. It is adjacent to the Historic Post Office, half a block south of 1400 units under construction, and half a block north of the Diamond District. The property is composed of three floors + a basement, totaling ca. 18,500 square feet. All floors have already been gutted. Permits will soon be approved to renovate the facade, install a grease trap, and whitebox the ground floor and basement. Once completed, a retail tenant will be sought.
Alternatively, the property is zoned T6O-80. Density allows for 110 units. No parking is required at all due to the property’s proximity to the Metro Mover.
The seller will consider owner financing, a joint venture, or any other creative proposals that can benefit both parties.
Alternatively, the property is zoned T6O-80. Density allows for 110 units. No parking is required at all due to the property’s proximity to the Metro Mover.
The seller will consider owner financing, a joint venture, or any other creative proposals that can benefit both parties.
Property Details
Price:
$6,800,000
MLS #:
A11589040
Status:
Active
Beds:
0
Baths:
0
Address:
128 NE 1st Ave
Type:
Commercial
Subtype:
Mixed Use
City:
Miami
Listed Date:
May 16, 2024
State:
FL
Finished Sq Ft:
18,500
ZIP:
33132
Year Built:
1937
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Schools
Interior
Flooring
Concrete
Exterior
Parking Features
On Street, Valet
Roof
Shingle
Financial
Buyer Agent Compensation
1.75%%
Map
Community
- Address128 NE 1st Ave Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33132
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