5510 NW 1st Avenue Miami, FL 33127

$895,000
3
Beds
3
Baths
0.18
Acres
1,178
SQFT
760
$/SQFT
$895,000
3
Beds
3
Baths
1,178   sf
$760 / sf
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Wabi Sabi retreat on an oversized 7,650 SF corner lot in one of Miami's fastest-moving corridors. Move in now, build up later. Fully renovated single-story residence with vaulted ceilings throughout, 3 bedrooms, 3 full bathrooms finished in hand-applied microcement, and new hurricane-impact windows and sliding doors. Wood floors, central AC, and a 2-car garage. Offered furnished — designer pieces negotiable. Rare corner lot with dual driveways, mature mango, almond, and avocado trees, a designer outdoor shower, and room for a pool. New 6-foot privacy fence and gate. East-facing exposure with a garden setting that feels nothing like the city just minutes away. T4-R zoning on 7,650 SF allows up to a 6-unit, three-story building — or take advantage of Miami's Apartment Hotel designation for short-term rental income. Rental demand in this submarket runs significantly above national averages, so the carry pencils while you permit and plan. Walking distance to the Design District. Minutes from the $3B Little River District, Midtown, Wynwood, and I-95. This is the path of progress — priced to reflect the land value, with a turnkey home providing incredible added value.

Wabi Sabi retreat on an oversized 7,650 SF corner lot in one of Miami's fastest-moving corridors. Move in now, build up later. Fully renovated single-story residence with vaulted ceilings throughout, 3 bedrooms, 3 full bathrooms finished in hand-applied microcement, and new hurricane-impact windows and sliding doors. Wood floors, central AC, and a 2-car garage. Offered furnished — designer pieces negotiable. Rare corner lot with dual driveways, mature mango, almond, and avocado trees, a designer outdoor shower, and room for a pool. New 6-foot privacy fence and gate. East-facing exposure with a garden setting that feels nothing like the city just minutes away. T4-R zoning on 7,650 SF allows up to a 6-unit, three-story building — or take advantage of Miami's Apartment Hotel designation for short-term rental income. Rental demand in this submarket runs significantly above national averages, so the carry pencils while you permit and plan. Walking distance to the Design District. Minutes from the $3B Little River District, Midtown, Wynwood, and I-95. This is the path of progress — priced to reflect the land value, with a turnkey home providing incredible added value.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    A.f. Merritt
  • Tax Amount
    $10,623
  • Status
    Active
  • Listing #
    A11998260
  • Built
    1948
  • Lot Size
    0.18
  • Listed on site
    55 days
  • Co-Listing Agent
    3491638
  • Listing Agent Id
    3485942
  • Co Listing Agent Id
    3491638
  • Listing Agent Phone
    305-588-8933

Listed by:
One Sotheby's International Realty

Source:
MIAMI MLS

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Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
May 22, 202614 days agoPrice decreased20,000 (2%)$895,000
Apr 10, 20262 mos agoNew on market$915,000
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