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Property Description

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.

Features
6
Address Map
FL
Miami-Dade County
Miami
33128
1159 NW 4th St
LAWRENCE ESTATE LAND CO S
W81° 47' 8.6''
N25° 46' 39.3''
LAWRENCE ESTATE LAND CO S
MLS Addon
Detached
Cash
1
4
Water, Trash Collection, Electricity
1
Quadruplex, Fourplex
$10,017
2023
Click Here
Municipal Water
6100
4
27/03/2024 20:05:48

1159 NW 4th St, Miami, Florida 33128

$1,150,000
1,485 size sq.ft.
Listing ID #A11528438
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11528438
Price $1,150,000
Square Footage 1,485 Sqft
Year Built 1923
Days on Market 50
Building Area 1,905
Status Active
Property SubType Quadruplex
On Market Date 06/02/2024
Elena Beck
MiamiInvestrealty
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