Property 5601 NW 1st Avenue, Miami, FL 33127 for sale with MLS# A12089534
5601 NW 1st Avenue presents a rare opportunity to acquire a 91-unit multifamily apartment community in one of Miami's most rapidly evolving urban corridors. The property consists of a mix of studio, one-bedroom, and two-bedroom apartments situated on a substantial 106,187-square-foot site with T4-R zoning.The asset encompasses approximately 50,100 adjusted square feet across ten separate two-story residential buildings constructed between 1947 and 1969. The unit interiors feature a combination of central air conditioning systems, providing a diverse housing product that caters to strong workforce and market-rate rental demand.Strategically located near Little Haiti, Wynwood, the Miami Design District, Midtown Miami, and Downtown Miami, the property benefits from exceptional access to major employment centers, public transportation, shopping, dining, and entertainment destinations. The surrounding area continues to experience significant public and private investment, driving long-term growth and increasing demand for quality rental housing.This offering presents investors with a compelling value-add opportunity through operational improvements, rental rate growth, and asset repositioning. Additionally, the property's sizeable land area and favorable zoning provide significant long-term redevelopment potential, making it an attractive acquisition for both cash-flow-focused investors and future developers seeking scale in a supply-constrained Miami market.
5601 NW 1st Avenue, Miami, FL 33127
- Price:
- $18,750,000.00
- Original List Price:
- $18,750,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $441.67
- Tenant Pays:
- Electricity, Interior Electric
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 15, 2026 4:00 am
- Built-Up Area:
- 0.97 Acre
- Lot Area:
- 96,507 Sqft
- Lot Size Acres:
- 2.22
- Year Built:
- 1960
- Number of Buildings:
- 10
- Number of Units Total:
- 4
- Flood Zone Code:
- X
- Parking Features:
- Common
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 13 53 41 2.215 AC M/L BARRETT SUB AMD PB 79-10 TR 1-A& TR A OF BARRETT COURT PB 85-86 & LOTS 12 & 13 LESS E10FT & LESS BEG 10FTW OF SE COR L
- Real Estate Folio Number (Parcel Number):
- 0131130800010
- Zoning:
- 3900
- Active on the market since:
- September 15, 2026
- Listing Agreement executed on:
- September 15, 2026
- Listing Status Last Changed On:
- September 15, 2026 4:00 am
- Photos updated on:
- October 12, 2026 12:38 am
- Last Modified:
- October 31, 2026 4:56 am
- Courtesy of:
- Eleventrust LLC
- Attribution:
- Not provided
- Street Name:
- 1st
- Street Number:
- 5601
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33127
- County:
- Miami-Dade
- Latitude:
- N25° 49' 37.7''
- Longitude:
- W81° 48' 9.7''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 5601 NW 1st Avenue, Miami, FL 33127
