Basic Information

  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Lawrence Estate Land Co S
  • Year Built 1923
  • Date Listed 12/08/2024
  • Days on Market 151
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Shingle
  • Style Quadruplex

Interior Features

  • Adjusted Sqft N/ASq.Ft
  • Cooling Description Other
  • Floor Description Tile
  • Heating Description Wall Furnace
  • Sqft N/A Sq.Ft

Property Features

  • Address 1159 NW 4th St
  • Architectural Style Fourplex
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Owner May Carry
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Section One
  • Roof Shingle
  • Sewer Description Public Sewer
  • Stories 1
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Lawrence Estate Land Co S
  • Tax Amount $10,017
  • Tax Legal desc 25441 P B2-46 L A W R E N C E E S T L A N D C O S S U B E50 F T O F L O T S12&13 B L K6 L O T S I Z E50.000 X100
  • Tax Year 2023
  • Terms Considered Cash, Owner May Carry
  • Type of Property Quadruplex
  • Water Source Public
  • Year Built Details Effective Year Built

1159 NW 4th St

Miami, FL 33128

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LoKation. tel: 954-545-5583

Real Estate IDX Powered by: TREMGROUP