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1159 NW 4th St, Miami FL 33128,Miami,Miami-Dade County,Residential Income

$1,095,000

Residential Income Active

1159 NW 4th St, Miami FL 33128

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Residential Income Active

1159 NW 4th St, Miami FL 33128,Miami,Miami-Dade County,Residential Income

1159 NW 4th St, Miami FL 33128

$1,095,000

Overview

Quadruplex
Property Type

1485
Square Feet

1923
Year Built

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 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.

Address

Open on Google Maps

Address 4th St
City Miami
State/county Miami-Dade County
Zip/Postal Code 33128
Area LAWRENCE ESTATE LAND CO S

Details

Updated on August 8, 2024 at 3:19 pm

Property ID: A11528438
Price: $1,095,000
Property Size: 1485 Square Feet
Year Built: 1923
Property Type: Quadruplex
Property Status: Residential Income

Additional details

StreetDirPrefix: NW
PublicSurveyRange: 0
ShowingInstructions: No Sign,See Broker Remarks
ListAgentKey: 64aa41951a2b139f886dd9f9ab4b7860
TaxLegalDescription: 2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB E50FT OF LOTS 12 & 13 BLK 6 LOT SIZE 50.000 X 100
OnMarketDate: 2024-02-06
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-02-06
MajorChangeTimestamp: 2024-08-08T13:13:00.270Z
Flooring: Tile,Vinyl
PhotosCount: 23
SubAgencyCompensation: 1%
Cooling: Wall/Window Unit(s)
StatusChangeTimestamp: 2024-02-06T20:08:50.543Z
MIAMIRE_TypeofAssociation: None
BuildingName: LAWRENCE ESTATE LAND CO S
MIAMIRE_AdjustedAreaSF: 1573
PriceChangeTimestamp: 2024-08-08T13:13:00.270Z
ListingKeyNumeric: 391590725
MajorChangeType: Price Decrease
ListingContractDate: 2024-02-06
Zoning: 6100
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: Lawrence Estate Land Co S
TaxAnnualAmount: 10017
ListOfficeName: LoKation
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 737.37
OriginatingSystemKey: miamire
PhotosChangeTimestamp: 2024-06-06T21:27:35.100Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 954-545-5583
MlsStatus: Active
StreetNumber: 1159
ListingKey: 3e353f3f94935be7bdb445ebe0629fe0
StateOrProvince: FL
ListOfficeKey: cb2ca8cdef8888b38016a6bccd4c4513
Directions: Use GPS for directions.
BridgeModificationTimestamp: 2024-08-08T13:17:16.189Z
ListAgentFullName: Alexandru Celea
Roof: Shingle
ParkingTotal: 6
ListAgentOfficePhone: 954-545-5583
Stories: 1
ParcelNumber: 01-41-02-005-0990
ListingTerms: Cash
YearBuiltDetails: Effective Year Built
OtherExpense: 0
Possession: Funding
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3464672
WaterSource: Municipal Water
StoriesTotal: 1
ModificationTimestamp: 2024-08-08T13:13:00.270Z
OriginatingSystemID: miamire
PreviousListPrice: 1099000
DaysOnMarket: 184
TransactionBrokerCompensation: 2.5%
BuyerAgencyCompensationType: %
ListOfficeMlsId: RALE02
ListAgentDirectPhone: 323-646-6056
StreetNumberNumeric: 1159
PostalCodePlus4: 1014
NumberOfUnitsInCommunity: 4
Sewer: Public Sewer
SyndicationRemarks: 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.
Heating: Window/Wall
MIAMIRE_LPAmtSqFt: 737.3737
StructureType: Quadruplex,Fourplex
TotalActualRent: 52800
ListAgentStateLicense: 3464672
PublicSurveyTownship: 0
StreetName: 4th St
ListOfficeFax: 954-543-1818
ListingAgreement: Exclusive Agency
PublicSurveySection: 0
OriginalListPrice: 1250000
BuildingAreaUnits: Square Feet
RentIncludes: Electricity,Trash Collection,Water
InternetEntireListingDisplayYN: 1
BuyerAgencyCompensation: 2.5%
InternetAutomatedValuationDisplayYN: 1
TaxYear: 2023
OriginalEntryTimestamp: 2024-02-06T20:08:50.543Z
SourceSystemKey: 391590725
LotFeatures: Less Than 1/4 Acre Lot
DocumentsAvailable: Accounting Statements,Rent Rolls
MIAMIRE_Style: Fourplex
NumberOfUnitsTotal: 4
LotSizeSquareFeet: 0
ArchitecturalStyle: Detached
InternetConsumerCommentYN: 1
BuildingAreaTotal: 1905
TransactionBrokerCompensationType: %