Prime Value-Add Opportunity in the heart of Miami, 1157 NW 1st St & 12th Ave offers a 15-unit vacant property at shell value, ideal for investors seeking upside in one of Miami’s fastest-growing corridors. Just a block from W Flagler, minutes from the Miami River and Marlins Park, the site sits at the center of redevelopment. Originally 11 units, approved plans expand to 12 one-bedrooms + 3 studios with a new 3rd floor. Zoned T6-12-O, it allows operational flexibility—perfect for co-living or motel/short-term rental concepts. Its strategic location provides direct access to Flagler’s retail corridor, Downtown, 836 HWY, and I-95. Easy to show, call listing agent.
Property Details
Price:
$1,500,000
MLS #:
A11865663
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Aug 26, 2025
Total Sq Ft:
5,520
Year Built:
1925
See this Listing
Schools
Interior
Exterior
Financial
Taxes
$13,530
Map
Community
- Address1157 NW 1st St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33128
Market Summary
Current real estate data for Commercial in Miami as of Jan 17, 2026
964
Commercial Listed
202
Avg DOM
10,270
Avg $ / SqFt
$1,386,219
Avg List Price
Property Summary
- 1157 NW 1st St Miami FL is a Commercial for sale in Miami, FL, 33128. It is listed for $1,500,000
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