1353 SW 1st St - Storefront Retail/Residential FOR SALE


Miami, FL 33135- Little Havana
$1,850,000 USD
646-662-8504
1353 SW 1st St, Miami, FL for Sale
$1,850,000 USD
Storefront Retail/Residential - FOR SALE
1/80
null | 5.77% Cap Rate

1353 SW 1st St
Miami, FL 33135
Little Havana


OVERVIEW

Rare mixed-use investment opportunity in the heart of East Little Havana, minutes from Brickell and Downtown Miami. This 4,749 SF building sits on a 7,000 SF lot zoned T6-8-O, Miami's Urban Core Transect designation, permitting up to 8 stories and density supporting approximately 24 units by right, with further upside under the Live Local Act. Today, the property delivers immediate cash flow through 5 rental spaces (2 ground-floor commercial, 3 residential), income now with a clear redevelopment path later. Positioned in one of Miami's fastest-appreciating corridors, surrounded by new construction and strong rental demand, this is a land-bank-and-hold play with upside on both sides of the deal. Sold AS-IS. Buyer to verify all zoning, square footage, and permitted use with the City of Miami. Tenant-occupied do not disturb; all showings by appointment only.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

5.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

T6-8-O

APN/PARCEL ID

01-4102-006-0860

ASK ABOUT THIS PROPERTY

Filippo IncorvaiaFI Real Estate Brokerage, LLCMore Info
646-662-8504

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Filippo IncorvaiaFI Real Estate Brokerage, LLCMore Info
646-662-8504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.