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 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 Miamis vibrant market. DO NOT DISTURB TENANTS.
- Address 1159 NW 4th St
- City Miami
- County Miami-Dade County
- Zip 33128
- Price $1,150,000
- Status Active
- Subdivision Lawrence Estate Land Co S
- Pets Allowed No
- MLS® # A11550345
- Property Type Land
- Property Sub TypeResidential
- Status Active
- Square Feet
- Year Built
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $10,017
- Tax Year 2023