12
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$1,325,000
Est. payment /mo
3,510 SqFt
Price Dropped by $20K
701 NW 1st St Miami, FL 33128
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UPDATED:
01/13/2025 03:21 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,510 sqft
Price per Sqft $377
Subdivision City Of Miami South
MLS Listing ID A11716299
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $13,809
Tax Year 2024
Property 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.
Location
State FL
County Miami-dade
Community City Of Miami South
Area 41
Interior
Heating Electric, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Flooring Laminate, Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Flat
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-02-00-070-1240
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Florida Brokers Intl' Realty