Charwin Apartments in Little Havana

  • $1,650,000
1520 NW 1 ST
  • Multi-family
  • Property Type
  • 6
  • Units
  • 1238
  • ft²
  • 7500
  • Lot ft²
For Sale
Charwin Apartments in Little Havana
1520 NW 1 ST
  • $1,650,000

Details

Updated on July 9, 2024 at 2:10 pm
  • Price: $1,650,000
  • Property Size: 1238 ft²
  • Land Area: 7500 ft²
  • Units: 6
  • Property Type: Multi-family
  • Property Status: For Sale

Description

Fausto commercial is proud to present Charwin Apartments: a charming old Miami Spanish-style six-plex boasting a diverse mix of units, including two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, all featuring generous large living spaces uncommon in the area. With a roof just 5 years old, this property is competitively priced for those looking for a renovation project. Given its age and unique architecture it would also qualify for historic benefits such as tax abatements, credits and grants towards restoration of this highly desirable property. Alternatively, it is on T5-L zoning and can be operated for short-term rental or even utilized with SB102/Live-Local for development. Situated North of Flagler Street, a major commercial corridor, it stands as a savvy investment amidst Little Havana’s expanding development, promising substantial appreciation. For tenants, the location ensures easy commutes: just 15 minutes to Brickell, 20 minutes to Coral Gables and Coconut Grove, and a quick 15- minute drive to Miami International Airport and walkability to nearby retail. This property combines attractive unit sizes, competitive pricing, and a strategic location, making it an enticing opportunity for investors seeking both immediate returns and long-term growth. Schedule a showing today to seize this Little Havana gem!

Property Documents

1520 NW 1 ST-MV-FLYER
  • Address 1520 NW 1 ST
  • State/county Florida
  • Zip/Postal Code 33125
  • Country USA

Compare listings

Compare
Christopher Carbonell
  • Christopher Carbonell