1159 NW 4TH ST
MIAMI, FL 33128

$1,150,000

N/A Acres

Zone

Status Active

MLS# A11529812

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.

Details for 1159 NW 4TH ST

Built in 0

0 parking spaces

112 Days on website

0.114 acres lot

Building And Construction

Property Sub Type

Land

Property Type

Land

Exterior And Lot

Lot Features

<1 Acre

Lot Size Acres

0.114

Lot Size Square Feet

5000

Lot Size Units

Square Feet

Area And Schools

City

Miami

County Or Parish

Miami-Dade County

Subdivision Name

LAWRENCE ESTATE LAND CO S

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$10,017

Tax Year

2023

Details for 1159 NW 4TH ST

Building And Construction

Exterior And Lot

Area And Schools

Financial Info

Area Information for 1159 NW 4TH ST