1159 NW 4th St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33128
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Lawrence Estate Land Co S
MLS Listing ID A11706073
Style Fourplex
Year Built 1923
Annual Tax Amount $10,017
Tax Year 2023
Property Sub-Type Quadruplex
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
Interior
Heating Wall Furnace
Cooling Other
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Owner May Carry
Listing Terms Cash,Owner May Carry
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11706073