September 29, 2025 – David Cohen of Horvath & Tremblay has arranged the sale of an eight (8) unit multi-family building in Miami, Florida. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $2,250,000.
The multi-family property is located at 560 NW 1st Street in Miami, Florida. The three-story building contains a total of eight (8) residential units comprised of three (3), 1-Bedroom/1-Bathroom units and five (5), 2-Bedroom/1-Bathroom units with 5,725 square feet of living area in 6,414 square feet of total area on a 0.17-acre parcel of land. The Property has been well-maintained and includes eight (8) on-site parking spaces. 560 NW 1st Street enjoys a desirable location in Miami’s Riverside neighborhood, just one block from the Miami River. The meticulously maintained Property is positioned in a quiet residential enclave and is one block from W Flagler Street (SR 968), one of the area’s primary commercial and commuter corridors. The Property provides outstanding access to Downtown Miami and the employment, education, and entertainment venues the city offers. Additionally, Brickel, Biscayne Bay, Miami Beach, and the Miami Medical District are all within a few miles of the Property. The Property offers a well-maintained and attractive, turn-key multi-family Property with unparalleled access to Downtown Miami.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.