1159 Northwest 4th Street
$1,095,000
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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...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.
- Listed by Alexandru Celea • LoKation • 323-646-6056
Property Details for 1159 Northwest 4th Street
Subdivision
LAWRENCE ESTATE LAND CO S
StyleFourplex
WaterfrontNo
Area41
AuctionNo
Num Stories1
Year Built DescriptionEffective Year Built
LISTING UPDATED: 12/10/2024 11:26 AM
Property Details for 1159 Northwest 4th Street
Status | Active |
---|---|
MLS # | A11706073 |
Days on Market | 9 |
Taxes | $10,017 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Fourplex |
Year Built | 1923 |
Lot Size | 0.11 AC / 5,000 SF |
County | Miami-Dade County |
Building Information for 1159 Northwest 4th Street
Stories-Residences-Year Built1923Building Size-Lot Size0.11 AC / 5,000 SF
Property Information for 1159 Northwest 4th Street
Property History for 1159 Northwest 4th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1159 Northwest 4th Street
Taxable ValueLand$450,000Additions$46,533Total$496,533
Tax Record2023$9,939 ($828 / month)
Home Facts
Beds2Total Finished SqFt1,485 SqFtAbove Grade Finished SqFt1,485 SqFtStories1Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1923Year Renovated2006Zoning6100:COMMERCICountyMIAMI-DADEAPN01-4102-005-0990
Schools near 1159 Northwest 4th Street
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Riverside Elementary Community School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Jose De Diego Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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