Price Reduced 8.00%

$1,150,000 ($774.41 per sqft)

Est. Mortgage $6,044/mo *

Quick Pre-Approval

Price History

$1,250,000
2/6/2024

$1,200,000
3/8/2024

$1,150,000
3/27/2024


1159 NW 4th St, Miami, FL, 33128

1159 NW 4th St, Miami, FL, 33128

1923

Fourplex

1,485 sqft

Offering a prime T-6-8-O zoned 5,000 sqft development site in Riverside/East Little Havana with submitted plans for a 5-story, 15-unit multifamily building totaling 10,000 sqft, including 7 micro studios (allowing short-term lodging) and 8x 3-bed 3-bath apartments. Expected City approval by June 2024. A notable benefit includes an approved parking waiver, eliminating the need for onsite parking. Strategically located minutes from the job centers of Downtown, Brickell, and the Health District, and walking distance to Marlins Stadium & Miami River. An existing 4-unit property on site generates $4,440/month gross from month-to-month tenants. Ideal for developers and investors seeking immediate income and growth potential in Miami's vibrant market. DO NOT DISTURB TENANTS.


Status:

Active

Type:

Multi-family

Zoning:

6100

Subdivision:

LAWRENCE ESTATE LAND CO S

Heating:

Wall Furnace

Cooling:

Wall/Window Unit(s)

Parking:

6-car

Est. Taxes:

$10,017

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

50

Pool:

None

MLS #:

A11528438


Community Info

School Info

Walk Score

Yelp



Listing courtesy of LoKation Phone: 954-545-5583