Ultimate Covered Land Play 8270-8280 NE 1st Pl 5 Unité Immeuble d’appartements 3 678 844 $ CAD (735 769 $ CAD/Unité) Miami, FL 33138

THE ALPHA COMMERCIAL ADVISORS™ PRESENTS AN EXTREMELY VERSATILE TURN-KEY ASSEMBLAGE IN THE HEART OF LITTLE RIVER’S EVOLUTION; WHERE DESIGN,
DINING & RE-DEVELOPMENT CONVERGE.
This meticulously maintained two-parcel rental compound is desirably situated adjacent The Citadel, offering a beautifully re-imagined 4-plex + single-family residence each delivered fully-renovated, designer-furnished, and ready for immediate use. With underlying T5-O commercial zoning, this opportunity provides rare optionality for maximizing investment potential, appealing to:
--Multi-family investors & short-term rental operators seeking a plug-and-play rental hub in the most walkable pocket to F&B and retail.
--Boutique hotel / hospitality groups envisioning a creative adaptive-reuse retreat framed by lush landscaping and curated interiors.
--Specialty-use or institutional operators (school, wellness, design collective, etc.) seeking beautiful grounds and multiple structures ready for immediate occupancy.
--Bullish covered-land buyers holding for future redevelopment—by-right potential for 19 units / 5 stories, or up to 292 units / 8–12 stories under Live Local Act incentives.
INVESTMENT HIGHLIGHTS
--Turn-Key Income Producer: Fully renovated with cohesive, high-end designer-curated interiors that command premium rates—ideal for immediate operation as Airbnb, boutique hospitality, or long-term rentals.
--Operational Versatility: Dual-structure configuration allows income diversification via office or creative use within the SFR alongside income generation from the modernized 4-plex, supporting multiple investment approaches.
--Prime Walkable Location: Steps from The Citadel–the culinary anchor of Little River– and surrounded by cafés, cultural establishments, art studios, chef-owned restaurants, and neighborhood retail.
--Flexible Zoning & Future Development Upside: With T5-O zoning, Opportunity Zone benefits, and Live Local Act eligibility, the assemblage offers exceptional flexibility for future
redevelopment and long-term value momentum.
ZONING
Located within a burgeoning section of Little River, the subject assemblage is zoned T5-O allowing for a diverse mix of multifamily, mixed-use, and commercial uses.
Critically, the property sits directly along the border of the T6-8-O zoning district—one of the most sought-after designations in Miami’s urban core. This adjacency places the site in immediate proximity to multiple large-scale projects slated for delivery in the coming cycles, positioning the site at the leading edge of Little River’s next development wave. Max Density By Right is 19 units and Max Height By Right is 5 stories.
PROPERTY OVERVIEW
Step into a pristine, design-driven compound where renovated interiors, cohesive styling, and modern aesthetics create an elevated, ready-to-operate experience. While presently operated as a high-performing short-term rental, the compound’s configuration allows for smooth adaptation to a variety of end-user scenarios such as boutique educational uses, wellness concepts, creative workspaces, sales gallery or other specialty operators.
The fourplex features three (3) 2-bedroom / 1-bath units and one sizable (1) 1-BR / 1-Bath unit, each showcasing its own unique design theme, and beautifully restored with high-end finishes and meticulous design details.
PROPERTY HIGHLIGHTS
--Two modern, meticulously maintained buildings
--Four fully furnished units with upscale finishes and unique design themes
--Granite countertops, stainless steel appliances, in-unit laundry
--Fourplex equipped with new mini-splits & SFR features central AC
--Impact windows and doors throughout
--Fully gated properties with updated exterior lighting
--Professionally landscaped grounds with furnished outdoor areas
--Ample onsite parking and nearby public parking lot