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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1159 NW 4TH ST, MIAMI, FL 33128

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Multi Family - LAWRENCE ESTATE LAND CO S for Sale

1159 NW 4TH ST, MIAMI, FL 33128

Asking Price$1,095,000 Change Price$4,000

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  • Days on market:

    184 day(s)

  • Adjusted Area:

    1573 sqft

  • Original Price:

    $1,250,000

  • Price per sqft:

    $737.37

  • Tax Legal Description:

    2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB E50FT OF LOTS 12 & 13 BLK 6 LOT SIZE 50.000 X 100

  • Tax Year:

    2023

  • Property Type:

    Multi Family

  • Style:

    Fourplex

  • Roof:

    Shingle

  • Cooling Description:

    Wall/Window Unit(s)

  • Heating Description:

    Window/Wall

  • Floor Description:

    TileVinyl

  • Lot Features:

    Less Than 1/4 Acre Lot

  • Type of Association:

    None

Description

$1,095,000 • living size area 1485 sqft

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.

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