Overview

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  • Status: Active
  • Parking No info
  • Size: 1,485 ft2/137.96 m2
  • Price Per: $774.41 ft2/$8,335.69 m2
  • Type: Multifamily
  • Built: 1923
  • HOA: No info
  • MLS Number: A11528438
  • View No info
  • On Site: 82 days
  • Updated: 32 Days Ago
  • Page Views: 1

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.

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Development Amenities

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Price History

DateEventPriceChange RatePrice Per
03/27/2024Price Reduced$1,150,000.004.2%$603.67 ft2/$6,497.90 m2
03/07/2024Price Reduced$1,200,000.004.0%$629.92 ft2/$6,780.42 m2
02/06/2024Listed$1,250,000.00$656.17 ft2/$7,062.94 m2

Features

Property Details for 1159 NW 4th St, Miami, FL 33128

Lawrence Est, Multifamily current status is Active, 1159 NW 4th St is a Multifamily in , Miami, FL 33128 with property MLS ID# A11528438. This Multifamily has been listed on Best of Luxury Realty since February 06, 2024 and is currently priced at 1,150,000. This property was built in 1923.

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Area Specialist

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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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