128 1st Ave ,Mixed Use, Free Standing for Sale

128 1st Ave for Sale

Price $6,800,000.00

• Lot size 18500
• Year Build 1937
• Waterfront
• Zip 33132
• Style
• Parking Description On Street, Valet
• Pool Yes
• Status Active

Description

The property is positioned to capitalize on Downtown?s rapid revitalization. It is adjacent to the Historic Post Office, half a block south of 1400 units under construction, and half a block north of the Diamond District. The property is composed of three floors + a basement, totaling ca. 18,500 square feet. All floors have already been gutted. Permits will soon be approved to renovate the facade, install a grease trap, and whitebox the ground floor and basement. Once completed, a retail tenant will be sought. Alternatively, the property is zoned T6O-80. Density allows for 110 units. No parking is required at all due to the property?s proximity to the Metro Mover. The seller will consider owner financing, a joint venture, or any other creative proposals that can benefit both parties.

MIAMI NORTH PB B-41 S50FT OF LOTS 1 & 2 BLK 105 LOT SIZE 50.000 X 100 OR 20907-1593 1202 1

Central Business District, City Location

The property is positioned to capitalize on Downtown?s rapid revitalization. It is adjacent to the Historic Post Office, half a block south of 1400 units under construction, and half a block north of the Diamond District. The property is composed of three floors + a basement, totaling ca. 18,500 square feet. All floors have already been gutted. Permits will soon be approved to renovate the facade, install a grease trap, and whitebox the ground floor and basement. Once completed, a retail tenant will be sought. Alternatively, the property is zoned T6O-80. Density allows for 110 units. No parking is required at all due to the property?s proximity to the Metro Mover. The seller will consider owner financing, a joint venture, or any other creative proposals that can benefit both parties.

City:Miami,Zoning:6401,List A O R:A-Miami Association of REALTORS,Stories:3,Latitude:25.7757122,List Price:6800000,Listing Id:A11589040,Longitude:-80.1921706,Mls Status:Active,Year Built:1937,Inclusions:Building & Land,Postal Code:33132,Street Name:1st Ave,Coordinates:1:25.7757122,Lot Features:1:City Location,Photos Count:7,Business Type:1:Retail Space,Days On Market:54,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2024-05-16,Parcel Number:01-01-10-050-1010,Property Type:Commercial Sale,Stories Total:3,Street Number:128,Open Parking Y N:1,Public Remarks:The property is positioned to capitalize on Downtown?s rapid revitalization. It is adjacent to the Historic Post Office, half a block south of 1400 units under construction, and half a block north of the Diamond District. The property is composed of three floors + a basement, totaling ca. 18,500 square feet. All floors have already been gutted. Permits will soon be approved to renovate the facade, install a grease trap, and whitebox the ground floor and basement. Once completed, a retail tenant will be sought. Alternatively, the property is zoned T6O-80. Density allows for 110 units. No parking is required at all due to the property?s proximity to the Metro Mover. The seller will consider owner financing, a joint venture, or any other creative proposals that can benefit both parties.,County Or Parish:Miami-Dade County,List Office Name:Urban Key Realty Corp,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Valet,Postal Code Plus4:2106,Property Sub Type:Mixed Use,State Or Province:FL,Street Dir Prefix:NE,Unparsed Address:128 NE 1st Ave, Miami FL 33132,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:Main Thoroughfare,Building Area Total:18500,Building Area Units:Square Feet,Lot Size Square Feet:5000,Original List Price:6800000,Public Survey Range:1,I D X Participation Y N:1,Syndication Remarks:The property is positioned to capitalize on Downtown?s rapid revitalization. It is adjacent to the Historic Post Office, half a block south of 1400 units under construction, and half a block north of the Diamond District. The property is composed of three floors + a basement, totaling ca. 18,500 square feet. All floors have already been gutted. Permits will soon be approved to renovate the facade, install a grease trap, and whitebox the ground floor and basement. Once completed, a retail tenant will be sought. Alternatively, the property is zoned T6O-80. Density allows for 110 units. No parking is required at all due to the property?s proximity to the Metro Mover. The seller will consider owner financing, a joint venture, or any other creative proposals that can benefit both parties.,Listing Contract Date:2024-05-16,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Call Listing Agent,Street Number Numeric:128,Tax Legal Description:MIAMI NORTH PB B-41 S50FT OF LOTS 1 & 2 BLK 105 LOT SIZE 50.000 X 100 OR 20907-1593 1202 1,Public Survey Township:1,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1.75%,M I A M I R E_ Internet Remarks:The property is positioned to capitalize on Downtown?s rapid revitalization,Contract Status Change Date:2024-05-16,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Dual Variable Compensation Y N:1,Transaction Broker Compensation:1.75%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 1.75%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,