Commercial Sale · Income/MultiFamily
676 SW 1st St, Miami FL 33130, MIAMI, FL, 33130
Active194 days on marketListed Jan 28, 2026MLS #A11954703
About this property
The property at a glance
Exceptional development opportunity in one of Miami’s most explosive growth corridors just minutes from Brickell, Downtown, and major employment hubs. This offering consists of two contiguous parcels totaling approximately 9,500 square feet, including a highly visible corner lot plus the adjacent rear parcel, creating a rare assemblage opportunity in a rapidly transforming neighborhood. Both lots are zoned T6 12 O, allowing for high density residential, mixed use, or full commercial development. The zoning supports multifamily projects, residential over retail concepts, boutique mixed use buildings, or income producing commercial configurations that align perfectly with the area’s urban expansion and demand. The properties are currently owner occupied and not leased, offering a clean slate for immediate redevelopment, while still allowing for short term rental or income strategies if desired. Surrounded by active construction, new multifamily projects, and strong rental absorption, this location sits directly in the path of progress. Opportunities with this zoning, scale, and proximity to Brickell are becoming extremely scarce. This is a true buy and build asset in a high velocity market, ideal for developers and investors seeking strong appreciation, flexible exit strategies, and long term value creation.
4,500
Building sq ft
$289
Price / sq ft
0.1033
Lot acres
6110 Res/Commercial
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$6,629/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
54,255
Population
$39,361
Median income
44
Median age
2
Avg household
$454,868
Median home value
$1,366/mo
Median rent
5,256
Households w/ kids
Consumer profile
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 676 SW 1st St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,050,000
1751 NW 29th St, Miami FL 33142
Sold Aug 19, 2024
$2,200,000
Nearby listing
Sold Aug 20, 2024
$1,600,000
981 SW 3rd St, Miami FL 33130
Sold Sep 18, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 676 SW 1st St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 676 SW 1st St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Avenew Realty Corp · Ander Egurrola. MLS #A11954703.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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