See Home Value
$2,907,314*
Commercial - Off Market

768 SW 1st St

Miami, FL 33130
bedrooms
Studio
bathrooms
0 Bath
$2,610,000 - $3,190,000
Reference Base Price*
0.25%
Since Nov 1, 2023
FL-Miami
Primary Model
Transfer

About This Property

Brilliance Realty Group is excited to present a rare opportunity to purchase a package deal of a development site of 14,500 +/- SF recently Zoned (T6-12-O), that allows for mixed residential - commercial development. The zoning will allow a 12 story building by right with unlimited bonus height determined by FAA. Located in a prime location in the up and coming Little Havana neighborhood, directly on the corner of SW 1st street and 8th Avenue. Walking distance to the Miami River, Downtown and Brickell. Across the street from the new President Supermarket project. Developers dream! Properties have never been on the market before. Sale includes 3 folios. Please do not disturb tenants, thank you!-
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$261
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Oct 27, 2023 No longer available -
No longer available
Oct 12, 2020 Listed $2,900,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,750
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,302
  • Gross Building Area: 2,302
  • Building Area: 2,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF MIAMI SOUTH
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CITY OF MIAMI SOUTH PB B-41 N100FT LOT 9 LESS N5FT BLK 15 LOT SIZE 50.000 X 95 OR 12093-1846 0384 1

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 003604

Zoning

  • Zoning: 6110

Geography

  • Assessors Map Reference: 237
  • District: 01
  • Parcel: 01-0201-050-1100
  • Block: 15
  • Lot: 9
  • Meridian: SEC 01 TWN 50S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.7726
  • Longitude: -80.2074

    Address

  • Full Address: 768 Sw 1st St
  • Address - House Number: 768
  • Street Direction: SW
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C067
  • 4-Digit Zip Code: 1206
  • Zip Code: 33130

Valuation

    Tax

  • Total Area: 2,162
  • Tax Year: 2023
  • Tax Amount: $10,827
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 786,979
  • High Value: 902,571
  • Low Value: 671,387

    Market Valuation

  • Market Total Value: $632,898
  • Market Land Value: $617,500
  • Market Improvement Value: $15,398

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,948



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$2,900,000 Jan 13, 2023
-
$2,402/mo
Commercial
Loft
-
-
$3,000,000 Oct 6, 2022
-
$2,316/mo
Commercial
Loft
-
-
$3,250,000 Aug 3, 2022
-
$1,323/mo
Commercial
Loft
-
-
$3,300,000 Jul 13, 2022
-
-
Commercial
Loft
-
-
$2,500,000 Apr 1, 2022
-
$1,449/mo
Commercial
Loft
-
-
$2,500,000 Sep 13, 2022
-
$752/mo
Commercial
Loft
-
-
$2,365,000 Jul 13, 2022
-
$1,942/mo
Quadruplex
Stu
-
3,300 ft²
$970/ft²
$3,200,000 Jul 20, 2022
-
$640/mo
Condo
3 Beds
3.5 Baths
2,662 ft²
$1,047/ft²
$2,787,900 Feb 25, 2022
-
-
House
4 Beds
2 Baths
1,326 ft²
$2,262/ft²
$3,000,000 Jan 20, 2023
-
$273/mo
Condo
3 Beds
3.5 Baths
1,955 ft²
$1,583/ft²
$3,095,000 Aug 9, 2022
-
$5,181/mo
Condo
3 Beds
3.5 Baths
1,955 ft²
$1,586/ft²
$3,100,000 Feb 1, 2022
-
$5,346/mo

About Western Miami


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Nearby Rentals

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$925 /mo

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Unit for rent at

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Frequently Asked Questions

When was property at 768 Southwest 1st Street built and last sold?
The property at 768 Southwest 1st Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 768 Southwest 1st Street is $2,929,000.
What are some comparable homes to 768 Southwest 1st Street?
Homes that are comparable to 768 Southwest 1st Street include a commercial property at 850 Southwest 14th Avenue, 752 West Flagler Street, 1040 Southwest 8th Street.

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