Allapattah Multi-Family Offering:

Metro 1 Commercial QOZB LLC is pleased to offer for sale the property at 1177 NW 30 Street, located in Allapattah.

This property comprises a multi-family building with five apartments, presenting an ideal opportunity for investors seeking an income-generating asset. Situated along NW 12 Avenue—one of Allapattah’s primary corridors—the property is just blocks from Superblue Miami, the Rubell Museum, and Hometown Barbecue.

Located near major transit routes, Wynwood, and the Health District, the asset benefits from strong tenant demand and the area’s growing residential and retail development. Notable nearby projects include The Julia (323 units), No. 17 Residences (192 units), and Fourteen Allapattah Residences (237 units). Upcoming developments include Aconcagua Developers’ 125-unit Live Local project and Coral Rock Development’s Dulce Vida, a 200-unit project centered around the Miami-Dade Public Allapattah Branch Library.

Property Specs:

+ Property Address: 1177 NW 30 Street

+ Asking Price: $1,250,000

+ Price Per Unit: $250,000

+ Number of  Units: 5

+ Building Size: 2,165 SF

+ Land Size: 5,500 SF

+ Zoning: T3-O

+ Use: Multi-Family

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Allapattah:

Today, Allapattah is emerging as one of Miami’s most vibrant and rapidly evolving neighborhoods, attracting renowned institutions and innovative developments. This dynamic community is home to a diverse array of cultural and commercial attractions. The Rubell family, globally celebrated art collectors, relocated their museum from Wynwood to a 100,000 square foot Allapattah warehouse in 2019. Since then, the Rubells have acquired and converted several neighboring warehouses, including the recent acquisition of the 45,711 square foot former Rex Discount Warehouse in 2022. They have also ventured into hospitality with a Michelin-starred restaurant, Leku.

Directly across from the Rubell Museum is SuperBlue by TeamLab Japan, an interactive museum featuring works by James Turrell and others, which offers a 4,000 square foot event venue space. Additionally, in 2019, Miami’s Related Group repurposed a 28,000 square foot warehouse into El Espacio Twenty Three, an acclaimed exhibition space. New York’s famed Hometown Barbecue has also established a presence in Allapattah, drawing a steady stream of consumers.

 

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JUAN ANDRES NAVA

Managing Broker
anava@metro1.com
786.690.7500

BERNARDITA BANFI

Broker Associate
bbanfi@metro1.com
305.600.9876

DJINJI BROWN

Advisor
dbrown@metro1.com
305.331.5836

DANIELLA SUTNICK

Advisor
dsutnick@metro1.com
305.323.7273