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566 NW 1st St
Miami, FL 33128

$1,999,999 USD

Land For Sale  •  0.12 AC

Property Details

  • Property Type Land
  • Lot Size 0.11 AC
  • Zoning T6-8-O
95 Transit Score
85 Walk Score

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.

Highlights

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

Public Transportation

Commuter RailDriveWalkDistance
Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 3 min 13 min 0.7 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 3 min 18 min 1.0 mi
Transit/SubwayDriveWalkDistance
Miami Avenue (Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover)) 2 min 15 min 0.8 mi
Third Street (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 2 min 16 min 0.9 mi
Arena/State Plaza (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 3 min 17 min 0.9 mi
Riverwalk (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 2 min 18 min 1.0 mi
College North (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Miami International 21 min - 10.8 mi
Fort Lauderdale/Hollywood International 34 min - 23.6 mi
Virgilio Fernandez 305-613-4507 Colliers
Virgilio Fernandez 305-613-4507 Colliers