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About This Home

This 2-bedroom, 1-bathroom multi-family at 4282 NW 1st Ave in Miami, FL is listed for $1,299,000 ($1,014 per sqft). Built in 1960, the home offers 1,281 sqft of living space on a N/A lot.

Agent Description

Prime Corner Lot Development Opportunity in Buena Vista (Design District) Exceptional opportunity to own a 5,170 SF corner lot in one of Miami’s most desirable and rapidly appreciating neighborhoods. Currently improved with an income-producing duplex, this property offers immediate rental revenue while planning your future luxury residence or redevelopment project.

Ideally positioned in the heart of Buena Vista, just moments from the Miami Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach. Surrounded by newly built luxury homes and multi-million-dollar properties, this location continues to attract discerning buyers, developers, and investors seeking long-term value.

The existing duplex provides holding income while architectural plans and development concepts are explored, creating the rare opportunity to generate cash flow today and build significant equity tomorrow. Whether you’re looking to create a modern tropical estate, develop a luxury residence, or secure land in one of Miami’s most sought-after urban neighborhoods, this property offers location, flexibility, and exceptional upside potential. A rare corner lot with income in one of Miami’s premier redevelopment corridors.

Key Features

  • Built in 1960
  • 4 parking spaces

Property Details

1 full
4 spaces
1960

Monthly Cost Estimate

$6,947/mo

20% down · 6.5% · 30 years

Principal$939
Interest$5,629
Insurance$379

Estimates only. Actual payments may vary.

Location

4282 NW 1st Ave

Miami, FL 33127

Buena Vista Heights Addn

Property Details

Flooring

Other

Construction

Other

Heating

Electric (Heating)

Cooling

Other (Cooling)

Questions & Answers

This 2-bedroom, 1-bathroom multi-family at 4282 NW 1st Ave is listed at $1,299,000 ($1,014/sqft). The estimated monthly payment is $5,629 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 4 parking spaces.

This property is listed by Ysabel Sanabria and can be reached at 7863564400 or ysa@ysasanabria.com.

YS

Ysabel Sanabria

Agent at Florida Capital Realty

(786) 356-4400

Listed by Florida Capital Realty · View on Broker Site

MLS# A12032702· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4282 NW 1st Ave, Miami, FL 33127

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