Property 1484 NW 15th Avenue, Miami, FL 33125 for sale with MLS# A12100806

River 8 Apartments is an 8-unit multifamily property at 1484 NW 15th Avenue in the heart of Miami's Health District. Originally built in 1975, the building has been substantially renovated under current ownership. The flat concrete roof was fully replaced in 2024, the 40-Year Recertification is complete, the property has hurricane impact windows throughout, new railings, and a newly finished parking lot.The property is comprised of 100% 2-bedroom, 1-bathroom layouts averaging 819 square feet. Every unit has central air conditioning, and each second-floor unit has its own private balcony. Several units have received interior upgrades such as quartz or granite counter tops, new kitchen cabinets, stainless steel appliances and luxury vinyl plank flooring in select units. Parking is a real advantage at River 8, 17 on-site car spaces plus 2 motorcycle spaces results in more than two spaces per unit. The 2-story building sits on a double lot of 10,800 square feet (0.25 acres) zoned T6-8-R. Under current zoning, the site allows up to 37 units and eight stories to be built. Buyers can hold a stabilized, cash-flowing asset today while controlling a well-located development site for the future.River 8 sits within a ten-minute walk from the Miami Health District, one of the largest concentrations of medical and research employment in the Southeast and support thousands of jobs within blocks of the property.

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1484 NW 15th Avenue, Miami, FL 33125

Price
Price:
$2,275,000.00
Original List Price:
$2,275,000.00
List Price per Sq Ft (Calculated, Approx.):
$347.22
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
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:
October 6, 2026 4:00 am
Measures
Built-Up Area:
6,552 Sqft
Lot Area:
10,800 Sqft
Lot Size Acres:
0.25
Property Features
Air Conditioning
Air Conditioning System:
Central Building
Heating
Heating System:
Central Building
Construction
Year Built:
1975
Roof:
Built-up
Number of Buildings:
1
Number of Units Total:
1
Construction Materials:
Block, CBS
Flooring:
Tile, Vinyl
Number of stories:
2
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$24,392.00
Tax Year:
2025
Parking
Parking Features:
Common
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
35 53 41 GRAND VIEW PARK PB 5-58 LOTS 9 & 10 BLK 3 LOT SIZE 10800 SQUARE FEET OR 20337-4348 04 2002 1 COC 25938-4429 08 2007 4
Real Estate Folio Number (Parcel Number):
0131350100320
Zoning:
4601
Listing History
Active on the market since:
October 6, 2026
Listing Agreement executed on:
October 6, 2026
Listing Status Last Changed On:
October 6, 2026 4:00 am
Photos updated on:
October 6, 2026 1:32 pm
Last Modified:
October 6, 2026 9:04 pm
Additional Information
Courtesy of:
MSP Group, LLC
Attribution:
Not provided
Location
Street Name:
15th
Street Number:
1484
City:
Miami
State:
Florida
Zip Code:
33125
County:
Miami-Dade
Latitude:
N25° 47' 20''
Longitude:
W81° 46' 44.7''
Street Suffix:
Avenue
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $40,940
Median Home Value $377,600
Median Rent $1,427/mo
Median Age 43
Population 55,449
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Association of REALTORS®
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