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

1,099,000(-0.36% )
$1,095,000Price
N/ASqFt

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MLS Number: A11529812
On Site: 212 Days
Updated: 30 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
All features
Property SqFt: No info
Remarks: 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.
REO: CorporateListing
Internet Remarks: 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.
Waterfront: No info
Days on Market: 182
Compass Point: NW
Office Name: LoKation
Area: 5000
Taxes: 10017
Tax Year: 2023
Listing Date: 2024-02-08T16:18:59.000-00:00
Lot Size Square Feet: 5000
Price History
08/08/2024

Date

Price Reduced

Event

$1.1M

Price

-0.36%

Change Rate

$∞ ft2 / $∞ m2

Price Per

06/06/2024

Date

Price Reduced

Event

$1.1M

Price

-4.43%

Change Rate

$∞ ft2 / $∞ m2

Price Per

03/27/2024

Date

Price Reduced

Event

$1.2M

Price

-4.17%

Change Rate

$∞ ft2 / $∞ m2

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03/07/2024

Date

Price Reduced

Event

$1.2M

Price

-4%

Change Rate

$∞ ft2 / $∞ m2

Price Per

02/08/2024

Date

Listed

Event

$1.3M

Price

$∞ ft2 / $∞ m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Alexandru CeleaLoKation • Buyer Agency Compensation .

Instant Comparative Market Analysis
UnitBed/BathSize SqFt$/SqFtExposureViewPrice
627 SW 11th Ave1/21493$502NorthOther$750,000
Bed/Bath: 1/2Size SqFt: 1493$/SqFt: $502Exposure: NorthView: OtherPrice: $750,000