Multifamily in 8270 NE 1st Pl Miami for sale with MLS# A11917999
Covered land opportunity in the heart of Miami's rapidly evolving Little River neighborhood. The property is zoned T5-O, allowing for a range of mixed-use residential and commercial development possibilities within Miami's urban core. By-right, the zoning allows for a mixed-use or multifamily project of up to 19 units and 5 stories before bonuses with office and retail components optional, and the site located within an Opportunity Zone and with Live Local Eligibility which would allow for up to 292 units and 8-12 stories. Situated right on the cusp of the T6-8-O district, there could also be an up-zoning play based on recent precedent and direct proximity to the boundary. The site is currently improved with a fully renovated five-unit compound (four multifamily units and one single-family residence) providing the potential for interim income while development plans are pursued. The majority of the property is currently being rented as short-term rentals and thrives in an AirBnB model but would be just a suitable for traditional month-to-month or annual rentals, as well as rented on a master lease to a commercial use such as a school, artist campus, health and wellness facility, etc.
8270 NE 1st Pl, Miami, FL 33138
- Price:
- $2,690,000.00
- Previous Asking Price:
- $2,795,000.00
- Original List Price:
- $2,795,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11917999
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 30, 2026 5:52 pm
- Built-Up Area:
- 3,271 Sqft
- Lot Area:
- 12,750 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Year Built:
- 1941
- Number of Units Total:
- 5
- Structure Type:
- Apartment
- Tax Annual Amount:
- $14,371.00
- Covered Spaces:
- 0
- Senior Community:
- No
- Disclosures:
- Owner Is Listing Agent
- Occupant Type:
- Call Agent
- Lease Considered:
- No
- Tax Legal Description:
- 12 53 41 ROYAL PALM GARDENS PB 7-71 S110FT LOTS 12 & 13 LESS E15FT BLK 5 LOT SIZE 9350 SQUARE FEET OR 10966-1394 1280 6 COC 25969-1003 09 20
- Real Estate Folio Number (Parcel Number):
- 01-31-12-008-0410
- Zoning Description:
- 6101
- Originally published on:
- November 20, 2025 8:56 pm
- Active on the market since:
- November 20, 2025
- Price change occurred on:
- March 30, 2026 5:52 pm
- Listing Status Last Changed On:
- November 20, 2025 8:56 pm
- Photos updated on:
- November 21, 2025 2:41 am
- Last Modified:
- April 14, 2026 8:15 pm
- Flood Zone:
- X
- Subdivision Number:
- 8
- Courtesy of:
- The Alpha Commercial Advisors LLC
- Attribution:
- Not provided
- Street Name:
- 1st Pl
- Street Number:
- 8270
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33138
- County:
- Miami-Dade
- Latitude:
- N25° 51' 3.2''
- Longitude:
- W81° 48' 20.7''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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