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About This Home

This 5-bedroom, 2-bathroom multi-family at 676 SW 1st St in Miami, FL is listed for $1,299,999 ($415 per sqft). Built in 1910, the home offers 3,134 sqft of living space on a N/A lot.

Agent Description

Exceptional development opportunity in one of Miami’s most explosive growth corridors just minutes from Brickell, Downtown, and major employment hubs. This offering consists of two contiguous parcels totaling approximately 9,500 square feet, including a highly visible corner lot plus the adjacent rear parcel, creating a rare assemblage opportunity in a rapidly transforming neighborhood.

Both lots are zoned T6 12 O, allowing for high density residential, mixed use, or full commercial development. The zoning supports multifamily projects, residential over retail concepts, boutique mixed use buildings, or income producing commercial configurations that align perfectly with the area’s urban expansion and demand.

The properties are currently owner occupied and not leased, offering a clean slate for immediate redevelopment, while still allowing for short term rental or income strategies if desired. Surrounded by active construction, new multifamily projects, and strong rental absorption, this location sits directly in the path of progress.

Opportunities with this zoning, scale, and proximity to Brickell are becoming extremely scarce. This is a true buy and build asset in a high velocity market, ideal for developers and investors seeking strong appreciation, flexible exit strategies, and long term value creation.

Key Features

  • Built in 1910

Property Details

2 full
1910

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

676 SW 1st St

Miami, FL 33130

City Of Miami South

Property Details

Flooring

Other

Construction

Block

Heating

Wall Furnace

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 5-bedroom, 2-bathroom multi-family at 676 SW 1st St is listed at $1,299,999 ($415/sqft). The estimated monthly payment is $5,633 based on 20% down at 6.5% interest.

Key features include: Built in 1910.

This property is listed by Ander Egurrola and can be reached at 3059161194 or ander@themethodre.com.

AE

Ander Egurrola

Agent at Avenew Realty Corp

(305) 916-1194

Listed by Avenew Realty Corp · View on Broker Site

MLS# A11985442· Source: listhub· Updated today

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676 SW 1st St, Miami, FL 33130

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