Commercial Sale · Flex Space
1508 NW 1st Ave, Miami FL 33136, MIAMI, FL, 33136
Active98 days on marketListed May 6, 2026MLS #A12014640
About this property
The property at a glance
Vacant commercial parcel available for land lease or long-term ground lease. T3-0 zoning.All prospective tenants are responsible for independently verifying zoning, permitted use, licensing requirements, and approvals with the appropriate municipal and county authorities.NNN Lease
0
Building sq ft
7,650
Lot sq ft
5700
Zoning
Flex Space
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$171/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Tommy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
13,016
Population
$46,100
Median income
35
Median age
2
Avg household
$424,950
Median home value
$1,282/mo
Median rent
1,407
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Seeking peace and well-being through meditation, gratitude and spirituality.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 1508 NW 1st Ave
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$11,500
Nearby listing
Sold Sep 25, 2024
$32
64 NW 54th St # 103, Miami FL 33127
Sold Nov 15, 2024
$4,300
323 NE 59th Ter # 323, Miami FL 33137
Sold Dec 3, 2024
Your team
The pros in your corner
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1508 NW 1st Ave — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1508 NW 1st Ave.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Compass Florida, LLC · Michelle Halfon. MLS #A12014640.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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