Multifamily Property – 15 Units in Miami, FL – Prime Value-Add Opportunity
Commercial Sale
Category: Multifamily
Price:$1,500,000
Location: Miami, FL
Year Built: 1925
Days on Market: 48
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.
15 units prime Value-Add Opportunity in the heart of Miami
Listing Code: 1129442713