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718 NW 1st Street, Miami, FL 33128

$10,700,000
Property Type: Commercial Sale Square Footage: 52,129 Status: Closed
Current Price: $10,700,000 List Date: 3/01/2022 Last Modified: 12/25/2025

Description

East Little Havana 36 unit 2015 apartment building. This building is located in Miami’s strongest multi-family market adjacent to Brickell/Downtown & centric to all the region’s major employment centers. The location also enjoys great public transport, walkability, and a rich cultural environment that is experiencing an economic renaissance. Property features covered secure/gated parking, balconies, patios, washer/dryers in every unit, central a/c, & elevator. There are 8 - 2/1s, and 28 - 1/1s. With immediate access to Flagler and SW 1 ST where a wave of new construction and mixed-use retails are do to come soon after the massive infrastructure projects were completed. This is prime to be the hottest pocket in the neighborhood.

More Information MLS# A11169489

Contract Information

Comp Sale YN: No Listing Date: 2022-03-01 Status: Closed Original List Price: 11500000 Sold Price: $10,700,000 Current Price: $10,700,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Postal Code: 33128 Subdivision Number: 80 Flood Zone: AE Country: United States Street Number: 718 Street Direction Prefix: NW Street Name: 1st Street Suffix: Street State Or Province: FL Postal Code +4: 1418 Area: 2410 Parcel Number: 0102000801030 Zoning: T6-8-R

General Property Information

Occupant Type: Tenant Lot Size Area: 22500 Property Sub Type: Multi Family Building Area Main: 52129 Year Built: 2015 Lot Size Acres: 0.52

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2022-05-05T13:58:56Z Major Change Type: Status Change Status Change Date: 2022-05-06 Under Contract Date: 2022-03-05 Close Date: 2022-05-05 Close Price: 10700000

Contingencies

Inspection: 1

Buyer Details

Intended Use: Investment Buyer State: Florida Zip Code: 33131

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 1030

Financial Information

Tax Annual Amount: 99859 Tax Legal Description: CITY OF MIAMI SOUTH PB B-41 LOTS 3 THRU 5 BLK 8 LOT SIZE 22500 SQ FT

Originating Details

Originating System Key: 367283358 Originating System ID: M00000151

Property Features

Contingencies: Inspection
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: December - 25 - 2025
718 NW 1st Street, Miami, FL 33128- MLS# A11169489
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