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City Of Miami South

$1,325,000

701 NW 1st St, Miami, FL 33128

Active
Last Updated: 01/14/2025

3,510 sqft

Building Size

4

Units

Details:
Building Size:    3,510 sqft
Units:    4
Year Built:    1925
Floors:    2
Gross Leaseable Area:    3,510
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Deposit - Security, Rent Rolls
  • Architectural Style: Old Spanish
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating: Electric, Window/Wall
  • Flooring: Tile
Description:

Situated next to Brickell and the Miami River, just 1 minute from Brickell and popular spots like Sea Spice / Kiki onthe River. This multifamily property already generates an annual gross income of $108,000, making it a solidinvestment with positive cash flow from day one. Riverside is a vibrant area in Miami-Dade County. It offersresidents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. Most residents rent theirhomes. Just 5 minutes away from Brickell and 10 minutes from Downtown Miami and Wynwood. The propertyoffers parking availability and is located in a zone with excellent potential for future appreciation.

Map:
Location
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