Address128 Ne 1St Ave, Miami, FL, 33132-2106

Price$6,800,000

  • Commercial Sale
  • Built in 1937

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.

Essential Information

  • MLS® #A11589040
  • Price$6,800,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1937
  • TypeCommercial Sale
  • Sub-TypeMixed
  • StatusActive

Community Information

  • Address128 Ne 1St Ave
  • Area31
  • CityMiami
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33132-2106

Amenities

  • ParkingOn Street, Valet

Interior

  • InteriorConcrete
  • # of Stories3

Exterior

  • RoofShingle
  • ConstructionBlock

Additional Information

  • Date ListedMay 16th, 2024
  • Days on Website50

Listing Details

  • OfficeUrban Key Realty Corp
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