$1,150,000 $6,173 est/mo Sourced by Back At You

1159 NW 4th St,Miami, FL 33128

Miami FL, 33128

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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 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

MLS#A11529812
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site75
Listing Provided ByLoKation | Alexandru Celea

Features

Zoning6100
Acreage0.11
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

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Learn More About This Property

StateFL
CountyMiami Dade County
CityMiami
Zip Code33128
Area41
Community NameLAWRENCE ESTATE LAND CO S
Listing VS Median (in LAWRENCE ESTATE LAND CO S)
Price:
$1,150,000
low | high
Med:
$1,150,000
50% of Average
On Site:
75
low | high
Med:
77
97.402597402597% of Average
Sourced by Back At You
Listing Updated: April 23, 2024 at 12:48:46 PM PDT