Homes for sale - 1159 NW 4th St, Miami, FL 33128

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Albert Garcia

albert@albertgarciateam.com +1(786) 357-6338

$ 1,095,000

Est. payment | -/mo

4,965 Sqft Lot

Save Virtual Tour

$ 1,095,000

Est. payment | -/mo

Save Virtual Tour

4,965 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Lawrence Estate Land Co S

MLS Listing ID A11706061

HOA Y/N No

Annual Tax Amount $10,017

Tax Year 2023

Lot Size 4,965 Sqft

Acres 0.114

Lot Dimensions 50x100

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 Q1 '25. Major 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 $4,540/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.

Location

State FL

County Miami-dade

Community Lawrence Estate Land Co S

Area 41

Direction Use GPS for directions.

Exterior

Utilities Available Other

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 01-41-02-005-0990

Ownership Corporation

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Special Listing Condition Corporate Listing

Listed by LoKation

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 357-6338

albert@albertgarciateam.com

15050 NW 79 Court Suite 105, Miami Lakes, Florida, 33016, USA

1159 NW 4th St Miami, FL 33128