8270 NE 1st Place
8270 NE 1st Place, Miami, FL 33138
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8270 NE 1st Place 8270 NE 1st Place, Miami, FL 33138 For Sale
$2,590,000
8270 NE 1st Place · Little Haiti & Little River · Miami
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$2,590,000Asking Price
Per SqFt
—/—Beds/BathsBd/Ba
SqFt
MLS A11917999 · 302 days on Zilbert · Listed Nov 21, 2025 · 8270 NE 1st Place, Little Haiti & Little River, Miami FL 33138Current layoutPhotos first
This property is also available to rent. See the rental listing

Property Details

Asking Price$2,590,000
Price per SqFt
Maintenance feeInquire
Property Taxes$14,371
Interior Space
Beds/Baths—/—
Year Built1941
Lot Size0.29 acres
MLS #A11917999

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly figures, as provided
Not providedmaintenance
$1,198taxes · $14,371/yr ÷ 12

Monthly carry is not computed when the association fee or the taxes are not provided.

From the listing

Offering a beautifully re-imagined and absolutely turn-key 4-plex + single-family residence delivered renovated and designer-furnished, this is the ideal play for long-term multifamily investors seeking an operation-ready rental compound with re-development upside for a commercial or mixed-use project, or adaptive re-use program in the near-term ahead of redevelopment. Already commanding premium market rents due to the high quality finishes, fully-furnished units and spacious, even luxurious grounds and desirably situated in direct walkable adjacency to The Citadel, dining and shopping, this property provides investors a rare set of conditions that secure rentability in the long-term compared to aging existing market rental inventory in the Little River neighborhood. The fourplex features three (3) 2-bedroom / 1-bath units and one sizable (1) 1-BR / 1-Bath unit, each showcasing its own unique design theme, and beautifully restored with high-end finishes and meticulous design details.Historically operated as short-term rentals, this meticulously maintained two-parcel rental compound is half-way to stabilization with two of four 4-plex units newly leased at $2,900/month—with straightforward lease-up remaining on the SFR and final unit. One unit in the fourplex has not been renovated as it is occupied by long-term annual tenant. With zero additional CapX requirements needed, the property is well on its way from a pro-forma, to an in-place 5.8% CAP or better -- an attractive return for covered land in a premiere location considering the amount of improvements compared to the lot size. Plus -- underlying T5-O commercial zoning provides rare optionality for maximizing investment potential and is suitable for:--Multi-family investors & short-term rental operators seeking a plug-and-play rental hub in the most walkable pocket to F&B and retail--Specialty-use or institutional operators (school, wellness, design collective, etc.) seeking beautiful grounds and multiple structures --Bullish covered-land buyers holding for future redevelopment—by-right potential for 19 units / 5 stories, or up to 292 units / 8–12 stories under Live Local Act incentives-Proven Path to a +/- 6% CAP return with zero capX requirements-Investor-friendly, with the single-family residence currently vacant, investment-minded buyer may opt to live in the house (or utilize it as an office location) and rent the fourplex, allowing for easy on-site management and opening the door for better financing options -Building recertifications up-to-date for hassle-free investment-Turn-Key Income Producer: Fully renovated with cohesive, high-end designer-curated interiors that command premium rates—ideal for immediate operation as Airbnb, boutique hospitality, or long-term rentals.-Operational Versatility: Dual-structure configuration allows income diversification via office or creative use within the SFR alongside income generation from the modernized 4-plex, supporting multiple investment approaches.-Prime Walkable Location: Steps from The Citadel–the culinary anchor of Little River– and surrounded by cafés, cultural establishments, art studios, chef-owned restaurants, and neighborhood retail.-Flexible Zoning & Future Development Upside: With T5-O zoning, Opportunity Zone benefits, and Live Local Act eligibility, the assemblage offers exceptional flexibility for futureredevelopment and long-term value momentum.

Listed by The Alpha Commercial Advisors LLC

Sales History for This Home · 8270 NE 1st Place, Miami, FL 33138

Sale Sold Price Asking Price Beds/Baths SqFt Closed Date
Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · ONE Sotheby's International Realty · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
+1 (786) 280-0201

Listed by The Alpha Commercial Advisors LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

Location

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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.