711 NW 1st St, Miami FL 33128 | Miami-Dade County | A11833146

$1,265,000

Description

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.

Address

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Address: 1st St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33128
Area: CITY OF MIAMI SOUTH

Details

Updated on August 3, 2025 at 9:08 am

Property ID A11833146
Price $1,265,000
Property Size 3510 Square Feet
Year Built 1925
Type Triplex
Property Status Residential Income

Additional details

ArchitecturalStyle Old Spanish
BuildingAreaTotal 3510
BuildingAreaUnits Square Feet
BuildingName CITY OF MIAMI SOUTH
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-07-02
Cooling Electric,Wall/Window Unit(s)
DaysOnMarket 0
DocumentsAvailable Deposit - Security,Rent Rolls
Flooring Tile,Vinyl
Heating Electric,Window/Wall
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-951-5230
ListAgentEmail a.paez@floridabrokers.net
ListAgentFullName Alejandro Paez
ListAgentKey c5a1a6d1549c53f645902fccba55655e
ListAgentMlsId 3104902
ListAgentOfficePhone 786-502-3228
ListAgentStateLicense 3104902
ListOfficeFax 786-360-3330
ListOfficeKey 844c995916df07cd280d5332a33f9f54
ListOfficeMlsId FLIN01
ListOfficeName Florida Brokers Intl' Realty
ListOfficePhone 786-502-3228
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-07-02
ListingKey 35497f97bd3c1b6a6599cdf3aa96e0d2
ListingTerms All Cash,Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor City Of Miami South
MajorChangeTimestamp July 2, 2025 at 05:03pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp July 2, 2025 at 09:00pm
NumberOfUnitsInCommunity 4
OnMarketDate 2025-07-02
OriginalEntryTimestamp July 2, 2025 at 05:03pm
OriginalListPrice 1265000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-02-00-070-1220
ParkingTotal 0
PhotosChangeTimestamp July 2, 2025 at 05:04pm
PhotosCount 9
Possession Funding
PostalCodePlus4 1441
PriceChangeTimestamp July 2, 2025 at 04:50pm
PublicSurveyRange 2
PublicSurveySection 0
PublicSurveyTownship 2
RentIncludes Sewer,Trash Collection,Water
Roof Flat Roof With Facade Front
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Appointment Only,Call Listing Agent
SourceSystemKey 417447147
StateOrProvince FL
StatusChangeTimestamp July 2, 2025 at 05:03pm
Stories 2
StoriesTotal 2
StreetDirPrefix NW
StreetName 1st St
StreetNumber 711
StreetNumberNumeric 711
StructureType Quadruplex,Triplex
SyndicationRemarks 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.
TaxAnnualAmount 15835
TaxLegalDescription CITY OF MIAMI SOUTH PB B-41 S50FT LOT 19 BLK 7 LOT SIZE 50.000 X 50 OR 20017-0312 09 2001 4 COC 21845-4509 11 2003 4
TaxYear 2024
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 4601