566 NW 1st St
Miami, FL 33128
Map
- – beds
- – baths
- – sqft
- 5,000 sqft lot
- – on site
INVESTORS - Shovel Ready Development Opportunity For Sale - Colliers presents a prime 5,000 SF development site at 566 NW 1st Street in Miami’s vibrant River District. Zoned T6-8-O, this property is fully approved with plans for a Class A, 13-unit, 8-story boutique condominium. Strategically located near West Flagler Street, offering quick access to Brickell, Downtown, and I-95, the site benefits from exposure to 165,000+ vehicles daily. Surrounded by new amenities like the Miami Riverwalk and emerging retail, this offers an exceptional investment in a rapidly evolving area.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 10, 2025
•
MLS# A11815230 —
This property is listed in more than one place. See it here.
Financial & Terms
-
Possession:CloseOfEscrow
The Property
-
Parcel Number:01 02 01 000 1080
-
Property Type:Land
-
Zoning Description:6100
-
Current Use:Other
-
Lot Features:LessThanOneAcre
-
Lot Size Area:5000.0
-
Lot Size Acres:0.1148
-
Lot Size SqFt:5,000 Sqft
-
Lot Size Dimensions:50x100
-
Lot Size Units:SquareFeet
-
Waterfront:false
-
Road Responsibility:PublicMaintainedRoad
Listing Agent
- Contact info:
- Agent phone:
- (786) 616-0852
- Office phone:
- (888) 883-8509
Taxes
-
Tax Year:2024
-
Tax Annual Amount:$14,658
-
Tax Legal Description:CITY OF MIAMI SOUTH PB B-41 N100FT OF LOT 10 BLK 10 LOT SIZE 5000 SQUARE FEET
The Listing
-
Virtual Tour Unbranded:
Utilities
-
Utilities:CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable
-
Sewer:PublicSewer
-
Water Source:Public
The Community
-
Subdivision Name:City Of Miami South
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/3/25
Jun 3, 2025
|
Listed / Active | MLSM | $2,600,000 | 322.8% (92.5% / YR) |
|
12/7/21
Dec 7, 2021
|
MLSM | $615,000 | -1.6% | |
|
10/26/21
Oct 26, 2021
|
MLSM | $625,000 |
