1159 Nw 4th St, Miami

$1,150,000

0 Bed
0 Bath
.12 Acre
0 Garage

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.

Essential Information
MLS® #A11550345
Price$1,150,000
Bathrooms0.00
Acres0.12
TypeLand / Boat Docks
Sub-TypeResidential
StatusActive
Community Information
Address1159 Nw 4th St
Area41
SubdivisionLAWRENCE ESTATE LAND CO S
CityMiami
CountyMiami-Dade County
StateFL
Zip Code33128-1014
Utilities

Cable Available, Electricity Available, Sewer Available, Water Available, Natural Gas Available, Other, Phone Available, Trash Collection

Additional Information
Date ListedMarch 27th, 2024
Days on Market49
Listing Details
Listing Courtesy ofLoKation
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