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701 NW 1st StMiami, FL 33128

For Sale

$1,265,000

Smart Buyer Rebate $12,650

Recently approved for its 50-year recertification, this building provides peace of mind with no required inspections for the next 10 years. Excellent investment opportunity! This fully occupied 4-unit multifamily property offers immediate cash flow with significant upside potential.

Each unit is well-maintained and tenant-occupied. This property offers strong potential for future rental increases. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a growing area, this property is a must-see.

Listed by Alejandro Paez

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License #3104902

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Florida Brokers Intl' Realty

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305-951-5230

Last updated July 02, 2025

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Source: MIAMIRE #A11833174

Listing Facts

  • TypeMulti-family
  • NeighborhoodLittle Managua
  • Days on Prevu67
  • Taxes$13,809/year
  • Size3,510 sqft
  • Price per sqft$360

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/02/2025
Listed by Florida Brokers Intl' Realty
$1,265,000

Property Details for 701 NW 1st St

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Roof: Flat Roof With Facade Front
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Triplex
  • Year Built: 1925
  • Year Built Details: Resale
  • Architectural Style: Old Spanish
  • Building Name: CITY OF MIAMI SOUTH
  • Construction Materials: Concrete Block Construction

Measurements

  • Building Area Total: 3,510
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-02-00-070-1240
  • Tax Annual Amount: $13,809.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 3,510
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: CITY OF MIAMI SOUTH

Utilities

Equipment

  • Cooling: Electric, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Electric, Window/Wall
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.