$1,325,000

701 NW 1st St Miami, FL 33128

$10,000
Closing credit¹
3,510 sqft
$377 / sqft
Multi-Family

Property details

About 701 NW 1st St

Situated next to Brickell and the Miami River, just 1 minute from Brickell and popular spots like Sea Spice / Kiki onthe River. This multifamily property already generates an annual gross income of $108,000, making it a solidinvestment with positive cash flow from day one. Riverside is a vibrant area in Miami-Dade County. It offersresidents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. Most residents rent theirhomes. Just 5 minutes away from Brickell and 10 minutes from Downtown Miami and Wynwood. The propertyoffers parking availability and is located in a zone with excellent potential for future appreciation.

Highlights

Home typeTriplex
HeatingElectric, Wall Furnace
StatusActive
CoolingElectric, Wall/Window Unit(s)
Size3,510 sqft
Year built1925
MLS #A11716299

Virtual tour

Summary

  • MLS Number: A11716299
  • MLS Name: SEFMIAMI
  • Office Name: Florida Brokers Intl' Realty
  • Office Phone: (786) 502-3228
  • Listing Agent: Alejandro Paez

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house

$1,325,000

701 NW 1st St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$672,387$12,514
2022$485,000$9,867
2021$439,797$9,867
2020$393,094$9,238
2018$370,000$7,749
2017$353,165$7,481

History based on county public records data.

Nearby schools

10

Mater Academy East Charter

Public Charter KG-5

0.4 mi

450 SW 4th St

4

Downtown Miami Charter School

Public Charter KG-6

0.5 mi

305 NW 3rd Ave

2

Riverside Elementary School

Public District PK-5

0.5 mi

1190 SW 2nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,900. Typical income of Miami, FL residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

79%
<35k
18%
35k-100k
1%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

66%
Single, No Kids
12%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 701 NW 1st St in Miami, FL and zip code 33128 in the Little Havana neighborhood. This 3,510 square foot home was built in 1925. Features: 0 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $1,325,000.

In January 2025, from all listings sold in Miami, FL there were more than 31 sold above asking price, over 425 sold below and more than 74 were sold right at the asked price. Between December and January 2025, Miami, FL real estate market has seen increase in the number of listings by 14.8%. In January 2025 median list price was $574,895 and the average listing age was 76 days.

From Rocket Homes Real Estate and based on county public records data.

More resources