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566 NW 1st St
Miami, FL 33128
Pandora on the River · Land For Sale · 0.12 AC

Investment Highlights

  • 0.115 acres (5,000 SF)
  • T6-8-O Zoning
  • Access to major roadways
  • Steps away from Downtown Miami
  • 13-unit, 8-story shovel ready condo project

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
Total Lot Size 0.12 AC
Zoning T6-8-O - T-6-8-O Commercial / Mix Use (150 Units Per Acre)

Description

Colliers is pleased to offer the opportunity to acquire Pandora, a prime 5,000 SF (0.115 acre) development site, strategically located at 566 NW 1st Street within the vibrant Miami River District. This property is zoned T6-8-O, permitting highly dense and flexible development options and comes fully approved with construction drawings for a class A 13-unit, 8-story boutique condominium project. Situated just off West Flagler Street, a major east-west thoroughfare connecting East Little Havana to Downtown Miami, the site benefits from immediate access to key Miami locales including Brickell and LoanDepot Park. It also enjoys proximity to I-95, capturing visibility from over 165,000 vehicles daily. As the Miami River District experiences a dynamic commercial and residential renaissance, new amenities such as the Miami Riverwalk, Miami River Greenway, major parks, boatyards, and emerging retail, residential, and hospitality developments enhance the site’s appeal, promising a strategic investment in a rapidly evolving area.

Property Taxes

Property Taxes

Parcel Number
01-0201-000-1080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$771,019
  • Listing ID: 32391413

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 566 NW 1st St, Miami, FL 33128

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