Located at 1058 SW 1st Street; positioned in a high-growth neighborhood surrounded by Miami’s economic powerhouses—Downtown, Brickell, and the Health District. This prime location guarantees strong visibility, steady vehicle and foot traffic, and easy acce

1058 SOUTH WEST 1ST ST, Miami

$990,000 USD
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Address1058 SOUTH WEST 1ST ST, Miami
Type of PropertyRetail
Type of BusinessProfessional, Retail Space
Price$990,000
Previous Price$1,050,000 (23 days ago)
Property StatusActive
MLS NumberA11908390
Property Size4500
Lot Size4500
Year Built1948
Folio Number01-41-02-005-3110
Zoning Information6110
Days on Market147

Detailed Description: Located at 1058 SW 1st Street; positioned in a high-growth neighborhood surrounded by Miami’s economic powerhouses—Downtown, Brickell, and the Health District. This prime location guarantees strong visibility, steady vehicle and foot traffic, and easy access to major transit routes, ensuring a consistent customer base. The building features three storefront retail units, providing a stable, diversified income stream. Two units are currently leased to established local businesses: an ice cream shop and a mini market. With one unit vacant, there is immediate potential to increase cash flow. This is an ideal setup for an investor seeking reliable returns with clear upside, or for a business owner looking to occupy the vacant space while the existing tenants help cover costs.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33130
Address1058 SOUTH WEST 1ST ST
Section2
Zip Code (4 Digits)1009
Financial Information
Price$990,000
Price per Foot$0
Previous Price$1,050,000
Folio Number01-41-02-005-3110
Tax Amount$14,192
Full Descriptions
Detailed DescriptionLocated at 1058 SW 1st Street; positioned in a high-growth neighborhood surrounded by Miami’s economic powerhouses—Downtown, Brickell, and the Health District. This prime location guarantees strong visibility, steady vehicle and foot traffic, and easy access to major transit routes, ensuring a consistent customer base. The building features three storefront retail units, providing a stable, diversified income stream. Two units are currently leased to established local businesses: an ice cream shop and a mini market. With one unit vacant, there is immediate potential to increase cash flow. This is an ideal setup for an investor seeking reliable returns with clear upside, or for a business owner looking to occupy the vacant space while the existing tenants help cover costs.
Property parameters
Living Area4500
Lot Size4500
Total Acreage0.000
Zoning Information6110
Maximum Leasable Size4500
Year Built1948
Type of PropertyRetail
Type of BusinessProfessional, Retail Space
Street DirectionSouth West
Listed withFausto Commercial Realty Consultants Inc