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Residential Income
$1,150,000
$1,250,000
8%
1159 NW 4th St Miami, FL

A11528438

168 of 411 for Sale
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an agent
  • Listed On:

    Feb 6, 2024
  • Days on Market:

    82
  • Year:

  • Taxes:

    $10,017 per year
  • Floor Description:

    Tile, Vinyl
  • Occupancy:

  • Zoning:

  • Parking:

1159 NW 4th St Miami, FL Offering a prime 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. 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.

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For Sale Details

  • Floor Description

    Tile, Vinyl

  • Heating Description

    Window/Wall

  • Photo Count

    23

  • Property Type

    Residential Income

  • Terms Considered

    Cash

  • Year Built

    1923

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