Home » Properties » 1574 SW 1st St, Miami FL 33135

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Commercial Multi-Family Property at 1574 SW 1st St, Miami

Opportunity to own a commercial income property with 3 residential units and a cafeteria in a growing Miami area.

$1,200,000

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MLS #A11788048

Listing Updated: 2026-07-10 18:40:16

Listed By: One Option LLC

Overview

This commercial multi-family property located at 1574 SW 1st St, Miami, offers a unique opportunity to own four income-producing units, including three residential units and a cafeteria. Built in 1937, the property is situated in an emerging neighborhood with ongoing new residential and commercial developments, making it an attractive location for buyers interested in Miami’s evolving real estate market. The mix of residential and commercial spaces provides versatility for various tenant types. This property is ideal for those seeking a multi-use income property in a promising area of Miami.

Property Highlights

Four income-producing units; three residential and one cafeteria; located in an emerging Miami neighborhood; built in 1937; mixed-use commercial and residential property.

Property Details

City: Miami

State: FL

Zip Code: 33135

Address: 1574 SW 1st St, Miami FL 33135

Year Built: 1937

Property Type: Commercial Sale

Property Sub Type: Income/MultiFamily

Listing Office Name: One Option LLC

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $9,065

Days On Market: 410 Days

Original Listing Description

Great opportunity to own 4 rent producing units the consist of 3 residential unit as well a cafeteria. This is an upcoming area with plenty of new construction of residential and commercial units.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1574 SW 1st St, Miami FL 33135

About This Neighborhood

Situated in the 33135 ZIP code of Miami, this property is part of an up-and-coming area characterized by ongoing residential and commercial development. The neighborhood is attracting new businesses and residents, contributing to a dynamic community atmosphere. Its location offers convenient access to Miami’s urban amenities while maintaining a neighborhood feel, making it appealing to a variety of tenants and buyers.

Walkability & Lifestyle

This location benefits from a walkable environment with nearby restaurants, shops, and local businesses. Residents and tenants can enjoy easy access to daily conveniences and entertainment options, contributing to a comfortable urban lifestyle. The neighborhood’s development includes pedestrian-friendly streets and amenities that support an active community.

Things To Do Nearby

Residents and visitors in this Miami neighborhood can enjoy a range of activities including dining at local eateries, exploring nearby parks, and experiencing cultural venues. The area’s proximity to waterfront locations and recreational facilities offers additional lifestyle benefits, making it a well-rounded place to live and work.

Nearby Schools

The 33135 area offers access to several educational institutions, providing convenient options for families residing in or near this neighborhood. Proximity to schools enhances the appeal for residential tenants seeking quality education options within a reasonable distance from their homes.

Why Buyers Like This Area

Buyers appreciate this property for its strategic location in a growing Miami neighborhood with a mix of residential and commercial uses. The opportunity to own multiple income-producing units in one property adds value and versatility. The area’s ongoing development and access to urban amenities make it attractive for those seeking a dynamic investment or live-work property.

Investment Potential

This commercial multi-family property offers potential for steady rental income through its combination of residential units and a cafeteria. Located in a developing neighborhood, it benefits from increased demand due to new construction projects nearby. The property’s mixed-use nature appeals to a diverse tenant base, which can help maintain occupancy rates. Buyers interested in Miami’s evolving market may find this an appealing option for adding a versatile income property to their portfolio.

Market Trends

Miami’s real estate market in the 33135 area is experiencing growth driven by new construction and increased interest in mixed-use properties. Demand for multi-family and commercial spaces remains strong as the neighborhood evolves. Buyers are attracted to properties that offer flexibility and potential for income generation in areas showing signs of revitalization and urban development.

Rental Income Potential

The property’s combination of residential units and a cafeteria provides diverse rental opportunities, appealing to both residential tenants and commercial operators. Its location in a growing Miami neighborhood supports tenant interest, including seasonal and long-term renters. While rental income can vary, the property’s mixed-use nature enhances its appeal to a broad market segment.