1520 1st St , for Sale

1520 1st St for Sale

Price $1,650,000.00

• Lot size 7500
• Year Build 1930
• Waterfront
• Zip 33125
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Fausto commercial is proud to present Charwin Apartments: a charming old Miami Spanish-style six-plex boasting a diverse mix of units, including two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, all featuring generous large living spaces uncommon in the area. With a roof just 5 years old, this property is competitively priced for those looking for a renovation project. Given its age and unique architecture it would also qualify for historic benefits such as tax abatements, credits and grants towards restoration of this highly desirable property. Alternatively, it is on T5-L zoning and can be operated for short-term rental or even utilized with SB102/Live-Local for development.

Situated North of Flagler Street, a major commercial corridor, it stands as a savvy investment amidst Little Havana's expanding development, promising substantial appreciation. For tenants, the location ensures easy commutes: just 15 minutes to Brickell, 20 minutes to Coral Gables and Coconut Grove, and a quick 15- minute drive to Miami International Airport and walkability to nearby retail. This property combines attractive unit sizes, competitive pricing, and a strategic location, making it an enticing opportunity for investors seeking both immediate returns and long-term growth. Schedule a showing today to seize this Little Havana gem!

LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 3 BLK 64 LOT SIZE 7500 SQUARE FEET OR 18530-1416/18562-0133 0399 1

Fausto commercial is proud to present Charwin Apartments: a charming old Miami Spanish-style six-plex boasting a diverse mix of units, including two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, all featuring generous large living spaces uncommon in the area. With a roof just 5 years old, this property is competitively priced for those looking for a renovation project. Given its age and unique architecture it would also qualify for historic benefits such as tax abatements, credits and grants towards restoration of this highly desirable property. Alternatively, it is on T5-L zoning and can be operated for short-term rental or even utilized with SB102/Live-Local for development.

City:Miami,Zoning:T5-L,List A O R:A-Miami Association of REALTORS,Latitude:25.7740927,List Price:1650000,Listing Id:A11796784,Longitude:-80.2201799,Mls Status:Active,Year Built:1930,Postal Code:33125,Street Name:1st St,Coordinates:1:25.7740927,Photos Count:35,Business Type:1:Commercial/Residential Income,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2025-05-05,Parcel Number:01-41-02-006-0030,Property Type:Commercial Sale,Street Number:1520,Public Remarks:Fausto commercial is proud to present Charwin Apartments: a charming old Miami Spanish-style six-plex boasting a diverse mix of units, including two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, all featuring generous large living spaces uncommon in the area. With a roof just 5 years old, this property is competitively priced for those looking for a renovation project. Given its age and unique architecture it would also qualify for historic benefits such as tax abatements, credits and grants towards restoration of this highly desirable property. Alternatively, it is on T5-L zoning and can be operated for short-term rental or even utilized with SB102/Live-Local for development.,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Private Remarks:Situated North of Flagler Street, a major commercial corridor, it stands as a savvy investment amidst Little Havana's expanding development, promising substantial appreciation. For tenants, the location ensures easy commutes: just 15 minutes to Brickell, 20 minutes to Coral Gables and Coconut Grove, and a quick 15- minute drive to Miami International Airport and walkability to nearby retail. This property combines attractive unit sizes, competitive pricing, and a strategic location, making it an enticing opportunity for investors seeking both immediate returns and long-term growth. Schedule a showing today to seize this Little Havana gem!,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5572,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:20740,Unparsed Address:1520 NW 1st St, Miami FL 33125,Listing Agreement:Exclusive Right To Sell,Building Area Total:7238,Building Area Units:Square Feet,Lot Size Square Feet:7500,Original List Price:1650000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Fausto commercial is proud to present Charwin Apartments: a charming old Miami Spanish-style six-plex boasting a diverse mix of units, including two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, all featuring generous large living spaces uncommon in the area. With a roof just 5 years old, this property is competitively priced for those looking for a renovation project. Given its age and unique architecture it would also qualify for historic benefits such as tax abatements, credits and grants towards restoration of this highly desirable property. Alternatively, it is on T5-L zoning and can be operated for short-term rental or even utilized with SB102/Live-Local for development.,Listing Contract Date:2025-05-05,Originating System I D:miamire,Public Survey Section:2,Street Number Numeric:1520,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 3 BLK 64 LOT SIZE 7500 SQUARE FEET OR 18530-1416/18562-0133 0399 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Visit Fausto Commercial,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-05-05,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,