Price Reduced 12.40%
Price History
$1,250,000
2/8/2024
$1,200,000
3/8/2024
$1,150,000
3/27/2024
$1,099,000
6/6/2024
$1,095,000
8/8/2024
1159 NW 4th St, Miami, FL, 33128
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 Sep 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:
Land (Multi Family)
Zoning:
6100
Subdivision:
LAWRENCE ESTATE LAND CO S
Acreage:
0.11
Est. Taxes:
$10,017
Utilities
Other
Lot Description:
<1 Acre
Days on Market:
182
MLS #:
A11529812
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of LoKation Phone: 954-545-5583