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1560 SW 1st St, Miami FL 33135

Commercial Recently Sold
$650,000

BTC: 8.07453416

ETH: 245.28301887

Sold on: 2024-04-05
New
0 room(s)

Overview

ATTENTION CASH BUYERS/INVESTORS – Amazing Investment Opportunity (7,000 SF LOT) in the Heart of LITTLE HAVANA on a main street. Prime Location with frontage along SW 1st Street. Full Rehab needed or Redevelopment Opportunity. Previous use was a medical office. Commercial Zoning allows for a range of uses: Multi-Unit, Office, Retail or Medical use. Property is being sold “AS IS”. Priced to sell, seller will not entertain low-ball offers. Minutes away from Brickell & Downtown Miami. This is being sold as a value add-upside potential of the land’s permitted use.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1924
Lot:
7000 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,525,000
$1.1M – $3.8M
Confidence Low
List vs. estimate
$825K below estimate
List $700,000 · -54.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $448K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Lot

    • Lot: 7000 Square Feet

    Other Property Information

    • Parcel Number: 01-41-02-006-1500

    • Zoning: 6101

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Source details

    • MLS ID: A11542926

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lamacchia Realty, Inc.