1159 Northwest 4th Street

Miami, FL 33128

$1,150,000
Price
5,000 / 0.11
Lot Size / Acres

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
Waterfront
No
Area
41
Auction
No

Location

Listing Courtesy of LoKation
Add your commute
LISTING UPDATED: 03/27/2024 10:00 PM

Property Details for 1159 Northwest 4th Street

StatusActive
MLS #A11550345
Days on Market47
Taxes$10,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Residential
Year Built-
Lot Size0.11 AC
CountyMiami-Dade County

Location

Listing Courtesy of LoKation
Add your commute

Building Information for 1159 Northwest 4th Street

Building Size-Lot Size0.11 AC

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
  • Zoning Information: 6100
General Information
General Information
  • Style of Property: Zoned Multifamily
  • Usage Description: Other Usage
  • Front Exposure: South
  • Num Parcels: 1
  • Total Acreage: 0
  • Approximate Lot Size: 5000
  • Building Includes: Livable
  • Development: Other Development Incl
  • Type of Trees: No Trees
  • Lot Description: Less Than 1/4 Acre Lot
  • Directions: Use GPS for directions.
Additional Property Information
Utilities
  • Utilities Available: Cable Tv, Electric, Gas, Other Utilities Available, Phone Line, Sewer, Trash Removal, Water
  • On Site Utilities: Electric, Gas, Sewer, Water
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Guest Accommodations: No
  • Miscellaneous Improvements: Curb, Fenced, Sidewalk
Financial Information
Financial Information
  • Flood Zone: AE
  • Tax Year: 2023

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 0.11 ac of land for sale in Miami, FL 33128. This property was listed for sale on March 14, 2024 by LoKation, it's currently listed at $1,150,000. It has been on the market for a total of 47 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, 0.11 ac of land on a 5,000 sq. ft. / 0.11 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.