$1,325,000
$20K PRICE DROP

711 NW 1st St Miami, FL 33128

Riverside Neighborhood

Estimated payment $8,701/month

Total Views 2,694
-- Bed
-- Bath
3,510 Sq Ft
$377 Price per Sq Ft

Highlights

  • Old Spanish Architecture
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Tile Flooring

About This Home

Situated next to Brickell and the Miami River, just 1 minute from Brickell and popular spots like Sea Spice / Kikionthe River. This multifamily property already generates an annual gross income of $108,000, making it asolidinvestment with positive cash flow from day one. Riverside is a vibrant area in Miami-Dade County. Itoffersresidents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. Most residents renttheirhomes. Just 5 minutes away from Brickell and 10 minutes from Downtown Miami and Wynwood. Thepropertyoffers parking availability and is located in a zone with excellent potential for future appreciation.

Listing Agent

Alejandro Paez

Florida Brokers Intl' Realty License #3104902

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,835

Year Built

  • Built in 1925

Home Design

  • Triplex
  • Old Spanish Architecture
  • Flat Roof with Façade front

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • City Of Miami South Condos
  • City Of Miami South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-02-00-070-1220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,835

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Triplex
  • Architectural Style: Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Triplex
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3510
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CITY OF MIAMI SOUTH

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-02-00-070-1220
  • Zoning: 4601
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15835

Multi Family

  • Number Of Units In Community: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Price Changed $1,325,000 -1.5% $377 / Sq Ft
01/02/2025 01/02/25 For Sale $1,345,000 +343.9% $383 / Sq Ft
11/03/2014 11/03/14 Sold $303,000 -9.6% $96 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
09/26/2013 09/26/13 For Sale $335,000 -- $106 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11716289

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33128 Riverside

711 NW 1st St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 711 NW 1st St, Miami, FL 33128 and is currently priced at $1,325,000, approximately $377 per square foot. This property was built in 1925. 711 NW 1st St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Alejandro Paez
Section Image
Florida Brokers Intl' Realty
(786) 502-3228