1159 Northwest 4th Street

Miami, FL 33128

$1,150,000
Price
Beds
1,485 Sq. Ft.
$774 / Sq. Ft.
1,485
Sq. Ft.
$774
per Sq. Ft.

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 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...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 Miami's vibrant market. Do not disturb tenants.
  1. Listed by Alexandru Celea • LoKation

Property Details for 1159 Northwest 4th Street

Subdivision
LAWRENCE ESTATE LAND CO S
Style
Fourplex
Waterfront
No
Area
41
Auction
No
Total Units
4
Num Stories
1
Sq Ft Total
1905

Location

Listing Courtesy of LoKation
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LISTING UPDATED: 03/27/2024 04:03 PM

Property Details for 1159 Northwest 4th Street

StatusActive
MLS #A11528438
Days on Market84
Taxes$10,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1923
Lot Size0.11 AC / 5,000 SF
CountyMiami-Dade County

Location

Listing Courtesy of LoKation
Add your commute

Building Information for 1159 Northwest 4th Street

Stories-Residences4Year Built1923Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$7,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$835

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1159 Northwest 4th Street

Location Information
Location Information
  • Parcel Number Free Text: 01-41-02-005-0990
  • Parcel Number MLX: 0990
  • MLS Area: 41
  • Municipal Code: 0
  • Township Range: 0
  • Section: 0
  • Subdivision Number: 5
  • Subdivision Complex Bldg: LAWRENCE ESTATE LAND CO S
  • Unit Count: 4
  • Zoning Information: 6100
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Detached
  • Approximate Lot Size: 5000
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Shingle Roof
  • Flooring: Tile Floors, Vinyl Floors
  • Floor Description: Tile Floors, Vinyl Floors
  • Directions: Use GPS for directions.
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Electric, Trash Removal, Water
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Accounting Statements, Rent Rolls

Property History for 1159 Northwest 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.
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

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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1159 Northwest 4th Street is a multi-family home for sale in Miami, FL 33128. This property was listed for sale on February 6, 2024 by LoKation, it's currently listed at $1,150,000. It has been on the market for a total of 84 days and was last sold on November 30, 2021. This listing's school district is Miami-Dade. Nearby schools include Riverside Elementary Community School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 1159 Northwest 4th Street is a 0-bed, 0-bath, 1,485 sqft multi-family home built in 1923.

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Listing Courtesy of LoKation

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.