Recently approved for its 50-year recertification, this building provides peace of mind with no required inspections for the next 10 years. Excellent investment opportunity! This fully occupied 4-unit multifamily property offers immediate cash flow with significant upside potential. Each unit is well-maintained and tenant-occupied. This property offers strong potential for future rental increases. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a growing area, this property is a must-see.
For sale
Price cut: $10K (7/2)
$1,265,000
701 NW 1st St, Miami, FL 33128
8beds
4baths
3,510sqft
Est.:
Triplex, Quadruplex
Built in 1925
-- sqft lot
$-- Zestimate®
$360/sqft
$-- HOA
What's special
- 34 days
- on Zillow |
- 165 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 02:01pm
Listed by:
Alejandro Paez 305-951-5230,
Florida Brokers Intl' Realty
Source: MIAMI,MLS#: A11833174
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric, Window/Wall
Cooling
- Electric, Wall/Window Unit(s)
Features
- Flooring: Tile
Interior area
- Total structure area: 3,510
- Total interior livable area: 3,510 sqft
Video & virtual tour
Property
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0102000701240
- Zoning: 4601
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Old Spanish
- Property subtype: Triplex, Quadruplex
Materials
- Concrete Block Construction
- Roof: Flat Roof With Facade Front
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: City Of Miami South
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $360/sqft
- Tax assessed value: $816,585
- Annual tax amount: $13,809
- Date on market: 7/2/2025
- Listing terms: All Cash,Conventional
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