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- $1.1M Price
- .12 Acres
- 165 DOM
1159 Nw 4th St
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 Sep 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$1,095,000
- 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
Amenities
Utilities
Cable Available, Electricity Available, Natural Gas Available, Other, Phone Available, Sewer Available, Trash Collection, Water Available
Additional Information
- Listing Courtesy ofLoKation
- Date ListedMarch 27th, 2024