AAtlantic Commercial AdvisorsKW Commercial · South Florida
566 1st St, photo 1 of 1
For SaleMLS

566 1st St, Miami, FL

$1.79M

Listing courtesy of The Alpha Commercial Advisors LLC (Jamie Maniscalco). Contact: [email protected].

About this property

PRESENTING AN ADVANCED LUXURY DEVELOPMENT OPPORTUNITY CAPITALIZING ON MIAMI’S RESURGENT RIVER DISTRICT AND UNDERPINNED BY PREMIUM T6-8-O ZONING. In the final stretch toward permit-ready approvals, this 12-unit, 7-story boutique condo project, Pandora River offers an architecturally unique infill alternative for developers recognizing the rapid appreciation of the dynamic Miami River District. Offering executional clarity and a defined approval trajectory, bypass the most time-intensive stages and move rapidly toward groundbreaking. Leveraging its strategic position just off West Flagler Street — a primary east-west corridor linking East Little Havana to Downtown Miami — and the underlying T6-8-O high-density zoning profile, the site benefits from immediate connectivity to Brickell, the Miami Riverwalk, major employment nodes, and I-95 exposure exceeding 165,000 vehicles daily. Positioned within a neighborhood experiencing sustained residential and mixed-use reinvestment, Pandora River is designed to introduce modern, efficiently scaled housing into a supply-constrained urban waterfront corridor while capitalizing on both vertical density and long-term district momentum.

Property facts

Location
Miami, FL 33128
County
Miami-Dade County
Florida risk
FEMA flood zone
Zone AE, special flood hazard area
Base flood elevation
9 ft (NGVD29)
Ground elevation
4.6 ft
Hurricane evacuation zone
Zone B
Distance to the coast
1.1 mi

Sources: FEMA National Flood Hazard Layer (panel 12086C0314L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.

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Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.

Listing data last updated May 28, 2026, 4:55 PM ET.

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.

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