Metro Park 1343 NW 1st St 22 Room Serviced Apartment Miami, FL 33125 $9,851,760 CAD ($447,807 CAD/Room)

The Property is situated in the Little Havana neighborhood in Miami, Florida. This exceptional existing 22-unit property site at 1343 Northwest 1st Street offers investors the opportunity to acquire a prime property in one of Miami’s most dynamic and evolving neighborhoods. The demand for high-quality multifamily housing, short-term rentals, and mixed-use developments continues to rise, making this an ideal location for a lucrative real estate venture.
The Property offers investors the chance to capitalize on Miami’s rapidly growing real estate market. Ideally located near major transportation routes and thriving commercial corridors, this site provides excellent potential for a multifamily, mixed-use, or short-term rentals.
Miami continues to experience strong market fundamentals, with increasing demand for housing and commercial spaces driven by a robust economy and population growth. This property’s location near Little Havana, Brickell, and Downtown Miami makes it a highly desirable investment with long-term appreciation potential.
This site benefits from strong connectivity, with easy access to major highways such as I-95, US-1, and the Dolphin Expressway, ensuring seamless travel across the city. The property is also well-served by public transit, including the Metrorail and Metrobus networks, making it an attractive choice for commuters and residents alike.
The surrounding neighborhood is a vibrant cultural hub, known for its thriving local businesses, authentic dining experiences, and historic charm. Little Havana, a short distance from the property, is a sought-after area for new developments, attracting both residents and visitors with its rich cultural heritage and strong community appeal. Furthermore, the nearby Brickell financial district and Downtown Miami continue to experience rapid economic growth, increasing demand for quality housing and retail opportunities.
The property is located in an area undergoing ongoing urban renewal, creating opportunities for developers to bring new life to the community. The demand for affordable and workforce housing in Miami is at an all-time high, further reinforcing the value of this investment. With zoning allowances that provide flexibility for various operational approaches, 1343 Northwest 1st Street presents an ideal opportunity for investors seeking long-term profitability in Miami’s competitive real estate market.