550 Northwest 1st Street

Miami, FL 33128

Listing ID: 214895
$925,000
For Sale
  • Property Type Industrial : Other Industrial
  • Lot Size Acres 6.300
  • Building Sq Ft 4,675
  • Building Price per Sq Ft $197.86
  • Land Sq Ft 274,428
  • Land Price per Sq Ft $3.37
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Description

Exceptional property in East Little Havana along the very active Miami River front and by NW 8 AV. Nearby is the Carlos Zapata designed 555 Riverhouse mixed-use project. The Miami River Walk, a 688-unit project along 6.3 acres by the river is close and J. Milton & Associates who already constructed 250 units just behind this site are proposing the Reflections: a 138 unit, 12- story building across the street from Miami River Walk. The zoning is high density at 150 units/acre allowing for 25 units by right. TOD benefits allow for parking reductions or eliminations. Many are capitalizing already and small scale developments are filling the streets in this booming segment of the neighborhood. Contact us now to participate in this venture.

Listing Demographics

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 Population68,883399,522698,639
Population Median Age404041
Population by Age0-9 Yrs6308 (9%)42804 (10%)76313 (10%)
10-19 Yrs4989 (7%)29562 (7%)56135 (8%)
20-29 Yrs12113 (17%)51711 (12%)87574 (12%)
30-39 Yrs14036 (20%)82260 (20%)129672 (18%)
40-49 Yrs8781 (12%)60482 (15%)104735 (14%)
50-59 Yrs8991 (13%)50645 (12%)91262 (13%)
60-69 Yrs6108 (8%)39533 (9%)70265 (10%)
70+ Yrs7556 (10%)42524 (10%)82683 (11%)
Median HH Income$34,651$54,683$52,433
Total Household Income< 24K12142 (39%)49603 (28%)86086 (29%)
25-49K7006 (22%)32056 (18%)57522 (19%)
50-74K3871 (12%)23560 (13%)41848 (14%)
75-99K2904 (9%)19248 (11%)30542 (10%)
100-199K3403 (11%)29135 (16%)47331 (15%)
200K+1411 (4%)19987 (11%)33358 (11%)
Highest Education LevelNo Diploma129895015287528
Diploma or GED1387366480118539
Some College66983582063862
Assoc. Degree31211932237394
Bachelors Degree957371133123147
Higher Degree711566283103226
Total Housing Units37,253221,132380,562
--Owner-Occupied4,31352,980100,319
--Renter-Occupied26,423120,609196,368
Owner-Occupied Values< 100K32239207018
100-199K578413810173
200-299K8961211320440
300-399K753735313416
400-499K55056179729
500K+12151983939545
Total Working Age Population59,512336,832585,622
In Work Force37,995223,055381,143
Not In Work Force21,517113,777204,479
Workforce Employed36,102211,640360,465
Workforce Unemployed1,85211,20420,260
Civlian Workforce37,954222,845380,725
Military Workforce41210418
Total Households30,736173,588296,688
Family Households14,25285,426150,118
Non-Family Households16,48488,162146,570
Married Couple8,57957,04398,030
Other Family5,67228,38352,088
Married w/Child2,98521,39735,581
Single Male w/Child4213,2134,948
Single Female w/Child1,8188,87617,351

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

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.

Listing Location & Map Views
Listing Agent
More listings from Mauricio Villasuso
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