Description
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.,
, MIAMI NORTH PB B-41 S50FT OF LOTS 1 & 2 BLK 105 LOT SIZE 50.000 X 100 OR 20907-1593 1202 1
Features
- Building Area Total
18500
- Building Area Units
Square Feet
- City
Miami
- Contract Status Change Date
2024-05-16 00:00:00
- County Or Parish
Miami-Dade County
- Dual Variable Compensation
Yes
- Flooring
Concrete
- Inclusions
Building & Land
- Latitude
26
- List A O R
A-Miami Association of REALTORS
- List Price
6800000
- Living Area Units
Square Feet
- Longitude
-80
- Lot Size Square Feet
5000
- Lot Size Units
Square Feet
- Major Change Type
New
- Mls Status
Active
- On Market Date
2024-05-16 00:00:00
- Open Parking
Yes
- Original List Price
6800000
- Originating System Name
miamire
- Parcel Number
01-01-10-050-1010
- Postal Code
33132
- Postal Code Plus4
2106
- Property Sub Type
Mixed Use
- Property Type
Commercial Sale
- Public Survey Range
1
- Public Survey Section
10
- Public Survey Township
1
- Roof
Shingle
- Showing Contact Type
Agent
- Showing Instructions
Call Listing Agent
- Standard Status
Active
- State Or Province
FL
- Stories
3
- Stories Total
3
- Tax Legal Description
MIAMI NORTH PB B-41 S50FT OF LOTS 1 & 2 BLK 105 LOT SIZE 50.000 X 100 OR 20907-1593 1202 1
- Unparsed Address
128 NE 1st Ave
Miami FL 33132
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11589040
- Year Built
1937
- Zoning
6401