$977,952*
●
Commercial -
Off Market
1302 NW 1st Pl
Miami, FL 33136
Studio
0 Bath
$855,000 - $1,045,000
Reference Base Price*
2.94%
Since Jul 1, 2023
FL-Miami
Primary Model
About This Property
2-story building with 4 units next to the I-395/State Road 836.
Gross building of +/- 2,928 SF in 4,750 SF lot size.
Fourplex in-place with rents of $1,200/mo. and projected NOI of
39K. Lot is in an Opportunity Zone Area.
Favorable T6-8-L Zoning designation. Automatic upzone due to Overtown CRA allows to increase the height of development up to 20 floors and double the density. It must include a qualifying affordable housing component.
2 minutes to Miami Central; 8 minutes to Miami Intl. Airport; 4 minutes to the Port of Miami; 10 minutes to South Beach. Property is next to the new development of 30 acres of public open space, the I-395 Signature Bridge / Underdeck Project.
Favorable T6-8-L Zoning designation. Automatic upzone due to Overtown CRA allows to increase the height of development up to 20 floors and double the density. It must include a qualifying affordable housing component.
2 minutes to Miami Central; 8 minutes to Miami Intl. Airport; 4 minutes to the Port of Miami; 10 minutes to South Beach. Property is next to the new development of 30 acres of public open space, the I-395 Signature Bridge / Underdeck Project.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$706
HOA Dues
-
Year Built
1961
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2023 | No longer available | - | |
| No longer available | |||
| Dec 24, 2022 | Listed | $950,000 | |
| Listed | |||
Property Highlights
Exterior Details
Exterior Information
Block
Building Details
New Construction
1302 NW 1st Pl
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
2
Baths
1,254 ft²
$678/ft²
$850,000
Mar 13, 2023
$850,000
Oct 2, 2023
$2,538/mo
Condo
2
Beds
3
Baths
1,450 ft²
$655/ft²
$950,000
Jun 22, 2023
$950,000
Oct 2, 2023
$2,548/mo
Condo
2
Beds
2
Baths
1,327 ft²
$558/ft²
$740,000
Feb 13, 2023
$740,000
Sep 6, 2023
$1,567/mo
Condo
1
Bed
2
Baths
1,254 ft²
$772/ft²
$968,000
Feb 26, 2023
-
$2,588/mo
Condo
2
Beds
2
Baths
1,254 ft²
$795/ft²
$997,000
Sep 1, 2023
-
$2,831/mo
Condo
1
Bed
2
Baths
1,173 ft²
$765/ft²
$897,500
Nov 15, 2022
-
$2,380/mo
Condo
1
Bed
2
Baths
1,675 ft²
$597/ft²
$999,999
Jun 16, 2023
-
$899/mo
Condo
2
Beds
3
Baths
1,498 ft²
$667/ft²
$999,000
Jul 9, 2023
-
$2,609/mo
Condo
2
Beds
3
Baths
1,647 ft²
$607/ft²
$999,000
Apr 12, 2023
-
$2,487/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/30/2022
|
|
Studio
|
-
|
2928 ft²
|
$950,000
Studio
-
2928 ft²
|
-
-
|
-
|
Joel Rodriguez
One Stop Realty
|
Building Info
1302 Northwest 1st Place
1302 Northwest 1st Place, Miami, FL 33136
- 1 Unit for Sale
About Downtown Miami
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