Miami, FL 33128,1159 NW 4th St
Miami, FL 33128,1159 NW 4th St
Miami, FL 33128,1159 NW 4th St
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$999,000
Est. payment /mo
Price Dropped by $96K

1159 NW 4th St Miami, FL 33128

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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

Construction Status Effective Year Built

HOA Y/N No

Year Built 1923

Annual Tax Amount $10,017

Tax Year 2023

Property Sub-Type Quadruplex

Property Description

Offering a prime shovel ready T-6-8-O zoned 5,000 sqft development site in Riverside/East Little Havana with APPROVED 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. 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.

Interior

Heating Wall Furnace

Cooling Other

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 01-41-02-005-0990

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


Listed by LoKation

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agent

Samantha Scalzo

Broker | License ID: 3306566

+1(954) 663-1310

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1159 NW 4th St