Residential Land for Sale in Miami, Florida
1159 NW 4th St Miami, FL 33128
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.
Property details
- County
- Miami-Dade County
- Community
- Lawrence Estate Land Co S
- Elevation
- 7 feet
- MLS Number
- MAOR A11550345
- Date Posted
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
Parcels
- 01-41-02-005-0990
Property taxes
- 2023
- $10,017
Resources
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 7, 2024 | Price drop | $1,099,000 | $51,000 -4.4% | MAOR |
| Mar 28, 2024 | New listing | $1,150,000 | — | MAOR |