128 NE 1st Ave, Miami, 33132

  • $6,800,000

Listing UP for Sale

Miami

Overview

Property ID: A11589040
  • 5000
  • Lot sqft
  • 1937
  • Year Built

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.

  • Address 128 NE 1st Ave
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33132
  • Area Miami-dade County

Details

Updated on May 17, 2024 at 10:57 am
  • Property ID: A11589040
  • Price: $6,800,000
  • Land Area: 5000 sqft
  • Year Built: 1937
  • Property Status: Listing UP for Sale

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