Lawrence Estates Land, 1159 NW 4th St
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OFF MARKET
0.11
AcreStatus
OFF MARKETExpired
Size
0.11 Acres (465 m2)
Price
$9,954,545/Acre ($2,357/m2)
Type
Land
MLS Number
A11550345
On Site
901 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
All features
- Property SqFt: 5000
- 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.
- 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
- Directions: South
- Days on Market: 147
- Compass Point: NW
- Office Name: LoKation
- Taxes: 10017
- Tax Year: 2023
- Listing Date: 2024-03-27T16:04:54.000-00:00
- Lot Size Square Feet: 5000
Apples-to-Apples Comparables
Price History
Current
$1.1M
High
$1.2M
Low
$1.1M
Total Change
-4.8%Date
Event
Price
Change
Price Per
08/08/2024
Price Reduced
$1.1M
-0.36%$219 ft2
$2,357 m2
06/06/2024
Price Reduced
$1.1M
-4.43%$220 ft2
$2,366 m2
03/14/2024
Listed
$1.2M
 $230 ft2
$2,476 m2
08/08/2024
$1.1M
Event
Price Reduced
Change
-0.36%Price Per
$219 ft2
$2,357 m2
06/06/2024
$1.1M
Event
Price Reduced
Change
-4.43%Price Per
$220 ft2
$2,366 m2
03/14/2024
$1.2M
Event
Listed
Price Per
$230 ft2
$2,476 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
95
100
83
100
82
100
69
100
0
100
41
100
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
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- Blue Lagoon Condo17
- Bon Aire Multifamily2
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- Brickell 25 Condo2
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Lawrence Estates Land Communities in Miami, FL
Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
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