1157 NW 1st St

$1,500,000

1157 NW 1st St, Miami, FL 33128

For Sale

Multifamily

Active

Last Updated: 08/27/2025

Details:

Building Size: 5,520 sqft

Units: 15

Year Built: 1925

Offered by Realtor

Graciana Luna

FIP Realty Services, LLC

#3510331

Request Info to Unlock

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc

#3254982

Request Info to Unlock

Description:

Prime Value-Add Opportunity in the heart of Miami, 1157 NW 1st St & 12th Ave offers a 15-unit vacant property at shell value, ideal for investors seeking upside in one of Miami’s fastest-growing corridors. Just a block from W Flagler, minutes from the Miami River and Marlins Park, the site sits at the center of redevelopment. Originally 11 units, approved plans expand to 12 one-bedrooms + 3 studios with a new 3rd floor. Zoned T6-12-O, it allows operational flexibility—perfect for co-living or motel/short-term rental concepts. Its strategic location provides direct access to Flagler’s retail corridor, Downtown, 836 HWY, and I-95. Easy to show, call listing agent.