$615,000
SOLD DEC 7, 2021 RENTED AUG 4, 2025

566 NW 1st St Miami, FL 33128

Riverside Neighborhood
0.11 Acre
$5,590,909 Price per Acre
5,000 Sq Ft Lot

Recently Sold

$414 Per Sq Ft

2% Below List Price

55 Days on Market

About This Lot

As of November 2022

Exceptional property in East Little Havana along the very active Miami River front and by NW 8 AV. Nearby is the Carlos Zapata designed 555 Riverhouse mixed-use project. The Miami River Walk, a 688-unit project along 6.3 acres by the river is close and J. Milton & Associates who already constructed 250 units just behind this site are proposing the Reflections: a 138 unit, 12-story building across the street from Miami River Walk. The zoning is high density at 150 units/acre allowing for 17 units by right. TOD benefits allow for parking reductions or eliminations. Many are capitalizing already and small scale developments are filling the streets in this booming segment of the neighborhood. Contact us now to participate in this venture.

Last Agent to Sell the Property

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 09/13/2021

Co-Listed By

Yolymiler Diaz

Guillen License #3288184

Last Buyer's Agent

Itai Tsanaani

Buy It Smart, LLC. License #3245031

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $992

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Interior Lot
  • Property is zoned 6100

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • City Of Miami South Condos
  • City Of Miami South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-02-01-000-1080

Property Details

Property Type

Land

Est. Annual Taxes

$992

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 305-915-8149
  • Horses: No
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • New Construction: No
  • Road Frontage Type: Public Road
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: City Location, Inside Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CITY OF MIAMI SOUTH

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Other Utilities Available, Cable Available, Electricity Available, Natural Gas Available, Other, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-02-01-000-1080
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 5000
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Nov 10, 2022
Sold by
566 Nw 1St St Llc
Bought by
566 Miami River Llc
Seller's Agent
Itai Tsanaani
Buy It Smart, LLC.
Buyer's Agent
Yanina Mauro
Buildout Realty, LLC.
List Price
$999,000
Sold Price
$850,000
Premium/Discount to List
-$149,000
-14.91%
Views
6
Current Estimated Value
$1,629,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,402
Avg. Annual Appreciation
25.75%

Purchase Details

Listed on
Sep 13, 2021
Closed on
Dec 7, 2021
Sold by
Mayra Martinez
Bought by
Ob Usa Llc
Seller's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Itai Tsanaani
Buy It Smart, LLC.
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.10%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Garcia Lidia
Bought by
Garcia Lidia and Martinez Mayra
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 First National Title Services
Warranty Deed $850,000 First National Title Services
Warranty Deed $850,000 First National Title Services
Warranty Deed $615,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Under Contract -- -- --
08/03/2025 08/03/25 Rented $2,750 0.0% --
07/15/2025 07/15/25 Price Changed $2,750 -3.5% $2 / Sq Ft
07/07/2025 07/07/25 Price Changed $2,850 -3.4% $2 / Sq Ft
06/10/2025 06/10/25 For Rent $2,950 0.0% --
11/14/2022 11/14/22 Sold $850,000 -10.5% $407 / Sq Ft
08/28/2022 08/28/22 Price Changed $950,000 -4.9% $455 / Sq Ft
07/08/2022 07/08/22 For Sale $999,000 +62.4% $479 / Sq Ft
12/07/2021 12/07/21 Sold $615,000 -1.6% $414 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $625,000 0.0% $420 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $625,000 -- $420 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,659 $771,019 -- --
2024 $13,479 $700,927 -- --
2023 $13,479 $637,207 $600,000 $37,207
2022 $10,433 $487,636 $450,000 $37,636
2021 $1,041 $70,012 $0 $0
2020 $992 $62,638 $0 $0
2019 $983 $61,230 $0 $0
2018 $961 $60,089 $0 $0
2017 $961 $58,854 $0 $0
2016 $971 $57,644 $0 $0
2015 $980 $57,244 $0 $0
2014 $990 $56,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Nerida Deza

    Keller Williams Capital Realty

    (305) 662-7325

    1 in this area

    57 Total Sales

    Nerida Deza
    Section Image

  • I

    Seller's Agent in 2022

    Itai Tsanaani

    Buy It Smart, LLC.

    Section Image
  • Yanina Mauro

    Buyer's Agent in 2022

    Yanina Mauro

    Buildout Realty, LLC.

    (954) 850-9965

    1 in this area

    13 Total Sales

    Yanina Mauro
    Section Image
  • Mauricio Villasuso

    Seller's Agent in 2021

    Mauricio Villasuso

    Fausto Commercial Realty Consultants Inc

    (305) 961-1179

    36 in this area

    85 Total Sales

    Mauricio Villasuso
    Section Image
  • Yolymiler Diaz

    Seller Co-Listing Agent in 2021

    Yolymiler Diaz

    Guillen

    3 in this area

    20 Total Sales

    Yolymiler Diaz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11098011

MIAMI REALTORS® MLS

APN: 01-0201-000-1080

Florida Miami/Dade County Miami 33128 Riverside

566 NW 1st St, Miami, FL

This home is located at 566 NW 1st St, Miami, FL 33128 and is currently priced at $615,000, approximately $413 per square foot. 566 NW 1st St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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