1159 NW 4th St Miami, FL $ 1,150,000
1159 NW 4th St
$ 1,150,000
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1159 NW 4th St

Miami, FL, 33128
$ 1,150,000
Bedrooms3 Baths4.0 Sq 1,485

Monthly Estimate*

$ 7,643

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Multi-Family Home for sale in Miami, FL

for $1,150,000 with 3 bedrooms and 4 full baths. This 1,485 square foot home was built in 1923.

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.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

3

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,017

Style

Fourplex

Year Built

1923

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11528438

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities CableAvailable
Possession ClosingFunding
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1923
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Miami-Dade County
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name LAWRENCE ESTATE LAND CO S
Garage Y/N N
Rent Includes Electricity TrashCollection Water
Status Active
Directions Use GPS for directions.
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 6100
MLS Area 41
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 4th St
Listing Terms Cash
Property Attached Y/N N
Year Built Details Effective Year Built
Land Lease Y/N N
Tax Annual Amount 10017.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11528438
Days on Market 50
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 52800.0
Property Sub Type Additional Quadruplex
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
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Interior
Flooring Tile Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14Acre
Water Source Public
Total Parking 6.0
Spa N
Building Area Total 1905.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1159
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* Excluded Features
List By
Lokation

Broker

hello@alexandru.realestate

Email

Affordability Calculator

$8,478
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
$835
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$1,150,000 -4.17% Price Down
3/7/2024$1,200,000 -4.00% Price Down
2/6/2024$1,250,000 Listed Price

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1159 NW 4th St, Miami, FL, 33128 is a Multi-Family Home for sale at $1,150,000 with 1,485 sqft. 1159 NW 4th St has 3 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 33128 which is in Miami, FL