Multifamily in Miami, FL 33128
Lawrence Estates Land, 1159 NW 4th St

$1.3M12.4%
$1,095,000
1,485
SqFt
Status
OFF MARKETExpired
Size
1,485 SqFt (138 m2)
Price
$737/SqFt ($7,937/m2)
Type
Multifamily
Built
1923
MLS Number
A11528438
On Site
951 Days
Updated
767 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Tile,Vinyl
        • Year Built: 1923
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-02-06T15:08:50.000-00:00
          Taxes, Fees & More
          • Taxes: 10017

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          Price History

          Current
          $1.1M
          High
          $1.3M
          Low
          $1.1M
          Total Change
          -12.4%
          $1.3M$1.2M$1.1MFeb 24Mar 24Mar 24Jun 24Aug 24
          Date
          Event
          Price
          Change
          Price Per
          08/08/2024
          Price Reduced
          $1.1M
          -0.36%
          $737 ft2
          $7,937 m2
          06/06/2024
          Price Reduced
          $1.1M
          -4.43%
          $740 ft2
          $7,966 m2
          03/27/2024
          Price Reduced
          $1.2M
          -4.17%
          $774 ft2
          $8,336 m2
          03/07/2024
          Price Reduced
          $1.2M
          -4%
          $808 ft2
          $8,698 m2
          02/06/2024
          Listed
          $1.3M
           
          $842 ft2
          $9,061 m2
          08/08/2024
          $1.1M
          Event
          Price Reduced
          Change
          -0.36%
          Price Per
          $737 ft2
          $7,937 m2
          06/06/2024
          $1.1M
          Event
          Price Reduced
          Change
          -4.43%
          Price Per
          $740 ft2
          $7,966 m2
          03/27/2024
          $1.2M
          Event
          Price Reduced
          Change
          -4.17%
          Price Per
          $774 ft2
          $8,336 m2
          03/07/2024
          $1.2M
          Event
          Price Reduced
          Change
          -4%
          Price Per
          $808 ft2
          $8,698 m2
          02/06/2024
          $1.3M
          Event
          Listed
          Price Per
          $842 ft2
          $9,061 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Alexandru Celea • LoKation • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          95

          100
          Transit Score®
          Excellent Transit. Transit is convenient for most trips
          83

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          82

          100
          Sound Score®
          Very loud
          69

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          41

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          2 – 6 BR
          Bedrooms
          $499K – $6.5M
          Price Tier
          700 - 16,054
          SqFt Range
          1948
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Laundry

          Miami
          Premium
          Premium Homes & Condos

          Lawrence Estates Land Communities in Miami, FL