Property 566 NW 1st St Miami for sale with MLS# A11980459
PRESENTING AN ADVANCED LUXURY DEVELOPMENT OPPORTUNITY CAPITALIZING ON MIAMI'S RESURGENT RIVER DISTRICT AND UNDERPINNED BY PREMIUM T6-8-O ZONING. In the final stretch toward permit-ready approvals, this 12-unit, 7-story boutique condo project, Pandora River offers an architecturally unique infill alternative for developers recognizing the rapid appreciation of the dynamic Miami River District. Offering executional clarity and a defined approval trajectory, bypass the most time-intensive stages and move rapidly toward groundbreaking. Leveraging its strategic position just off West Flagler Street - a primary east-west corridor linking East Little Havana to Downtown Miami - and the underlying T6-8-O high-density zoning profile, the site benefits from immediate connectivity to Brickell, the Miami Riverwalk, major employment nodes, and I-95 exposure exceeding 165,000 vehicles daily. Positioned within a neighborhood experiencing sustained residential and mixed-use reinvestment, Pandora River is designed to introduce modern, efficiently scaled housing into a supply-constrained urban waterfront corridor while capitalizing on both vertical density and long-term district momentum.
566 NW 1st St, Miami, FL 33128
- Price:
- $1,795,000.00
- Original List Price:
- $1,795,000.00
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land
- MLS Number:
- A11980459
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 10, 2026 4:30 pm
- Lot Area:
- 5,000 Sqft
- Lot Size Dimensions and Info:
- 50x100
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than One Acre
- Lot Size Acres:
- 0.11
- Waterfront:
- No
- Road Responsibility:
- Public Maintained Road
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2024
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Water Source:
- Public
- Subdivision Name:
- CITY OF MIAMI SOUTH
- Senior Community:
- No
- Disclosures:
- Owner Is Listing Agent
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- CITY OF MIAMI SOUTH PB B-41 N100FT OF LOT 10 BLK 10 LOT SIZE 5000 SQUARE FEET
- Real Estate Folio Number (Parcel Number):
- 01-02-01-000-1080
- Zoning Description:
- 6100
- Originally published on:
- March 10, 2026 4:30 pm
- Active on the market since:
- March 10, 2026
- Price change occurred on:
- March 10, 2026 4:30 pm
- Listing Status Last Changed On:
- March 10, 2026 4:30 pm
- Photos updated on:
- March 11, 2026 10:46 pm
- Last Modified:
- March 11, 2026 10:46 pm
- Flood Zone:
- AE
- Municipal Code:
- 2
- Subdivision Number:
- 0
- Courtesy of:
- The Alpha Commercial Advisors LLC
- Attribution:
- Not provided
- Street Name:
- 1st St
- Street Number:
- 566
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33128
- County:
- Miami-Dade
- Latitude:
- N25° 46' 28.5''
- Longitude:
- W81° 47' 45.2''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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