Multifamily Housing
737 Northwest 1st Street Miami, FL 33128
Details & Description
Price: $1,300,000
    In East Little Havana lies this amazing commercially zoned, high density, mixed-use 6 unit multifamily income producing property that sets up a nice covered-land play. All 2 bedroom 1 bath units. Multifamily has proven to be a COVID-19 proof investment, and the area continues to see great rent collections. The locations zoning allows for future redevelopment opportunities in a centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!
    Listing Agents
    Mauricio Villasuso

    M: 305-340-8901
    mv@faustocommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    737 Northwest 1st Street

    Miami, FL 33128

    Listing ID: 214748
    • 737 Northwest 1st Street Miami, FL 33128 | for Sale | Photo 1
    • 737 Northwest 1st Street Miami, FL 33128 | for Sale | Photo 2
    • 737 Northwest 1st Street Miami, FL 33128 | for Sale | Photo 3
    737 Northwest 1st Street | for Sale | Thumbnail 1
    737 Northwest 1st Street | for Sale | Thumbnail 2
    737 Northwest 1st Street | for Sale | Thumbnail 3
    Building Size: 4,350 SF
    Lot Size: 0.172 AC
    Land Size: 7,500 SF
    Building $/SF: $298.85
    Land $/SF: $173.33
    Price
    $1,300,000
    Description

    In East Little Havana lies this amazing commercially zoned, high density, mixed-use 6 unit multifamily income producing property that sets up a nice covered-land play. All 2 bedroom 1 bath units. Multifamily has proven to be a COVID-19 proof investment, and the area continues to see great rent collections. The locations zoning allows for future redevelopment opportunities in a centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Multifamily Housing for Sale

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    Miami Area Market Trends

    Listing Demographics for 737 Northwest 1st Street Miami, FL 33128

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population66,347406,904705,475
    Population Median Age414041
    Population by Age0-9 Yrs6496 (9%)43686 (10%)77174 (10%)
    10-19 Yrs5438 (8%)30580 (7%)56977 (8%)
    20-29 Yrs10188 (15%)52274 (12%)88575 (12%)
    30-39 Yrs12690 (19%)82113 (20%)130387 (18%)
    40-49 Yrs8292 (12%)61727 (15%)105452 (14%)
    50-59 Yrs8933 (13%)51551 (12%)92289 (13%)
    60-69 Yrs6125 (9%)40753 (10%)71149 (10%)
    70+ Yrs8184 (12%)44219 (10%)83472 (11%)
    Median HH Income$28,615$53,430$52,145
    Total Household Income< 24K12908 (45%)50818 (29%)87065 (29%)
    25-49K7067 (24%)32914 (18%)58066 (19%)
    50-74K3363 (11%)23715 (13%)42103 (14%)
    75-99K2383 (8%)19168 (10%)30600 (10%)
    100-199K2068 (7%)28836 (16%)47596 (15%)
    200K+726 (2%)19594 (11%)33235 (11%)
    Highest Education LevelNo Diploma143315234588819
    Diploma or GED1500069379120312
    Some College62663645864470
    Assoc. Degree29011947037958
    Bachelors Degree735270701123335
    Higher Degree466165786103450
    Total Housing Units33,027221,754381,152
    --Owner-Occupied3,38053,791100,936
    --Renter-Occupied25,134121,252197,728
    Owner-Occupied Values< 100K34539537085
    100-199K617461710373
    200-299K8421235120575
    300-399K472765713572
    400-499K39055859787
    500K+7141962939544
    Total Working Age Population56,450342,584591,045
    In Work Force34,591225,415384,188
    Not In Work Force21,859117,169206,857
    Workforce Employed32,663213,784363,347
    Workforce Unemployed1,90611,44520,422
    Civlian Workforce34,569225,229383,769
    Military Workforce22186419
    Total Households28,514175,044298,664
    Family Households13,92287,328151,682
    Non-Family Households14,59287,716146,981
    Married Couple7,82157,88298,579
    Other Family6,10229,44653,104
    Married w/Child2,91621,80335,893
    Single Male w/Child5413,2185,045
    Single Female w/Child1,9709,17217,559

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242
    Monroe County79,589-873,090+174,004074,301

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 737 Northwest 1st Street in Miami?
    The asking price for 737 Northwest 1st Street is $1,300,000
    What is the building size of this Multifamily property in Miami, FL?
    The size of the building/unit at 737 Northwest 1st Street in Miami is 4,350 square feet
    How much land does the Miami, FL property at 737 Northwest 1st Street include?
    737 Northwest 1st Street in Miami includes 0.172 acres of land
    What is the population within 1 mile of 737 Northwest 1st Street in Miami?
    The population within 1 mile of 737 Northwest 1st Street Miami, FL 33128 is 66,347 people.
    Who do I contact for questions about 737 Northwest 1st Street?
    You should contact the listing agent, Mauricio Villasuso, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 5
    Fort Lauderdale Hollywood International Airport (FLL) 21
    Palm Beach International Airport (PBI) 63