1159 4th St ,Detached, Quadruplex, Lawrence Estate Land Co S for Sale

1159 4th St for Sale

Price $1,150,000.00

• Lot size 1905
• Year Build 1923
• Waterfront
• Zip 33128
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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 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.

Do not disturb tenants. Major selling point is that parking won't be required - you're grandfathered in with the plans. Survey attached in additional documents. Plans, environmental, percolation, soil test, zoning verification letter available upon request from serious buyers. Walk-throughs only for accepted offers. Reach via TEXT or EMAIL for fastest response: 305-745-7141, hello@alexandru.realestate

2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB E50FT OF LOTS 12 & 13 BLK 6 LOT SIZE 50.000 X 100

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Vinyl,Latitude:25.7775912,Cooling Y N:1,Heating Y N:1,List Price:1150000,Listing Id:A11528438,Longitude:-80.2142819,Mls Status:Active,Year Built:1923,Directions:Use GPS for directions.,Living Area:1485,Postal Code:33128,Street Name:4th St,Coordinates:1:25.7775912,Photos Count:23,Building Name:LAWRENCE ESTATE LAND CO S,Days On Market:30,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lawrence Estate Land Co S,On Market Date:2024-02-06,Parcel Number:01-41-02-005-0990,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:1159,M I A M I R E_ Style:Fourplex,Public 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 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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:LoKation,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:1014,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:LAWRENCE ESTATE LAND CO S,Tax Annual Amount:10017,Total Actual Rent:52800,Unparsed Address:1159 NW 4th St, Miami FL 33128,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:1905,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:808.0808,Original List Price:1250000,Previous List Price:1250000,Public Survey Range:0,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication 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 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.,Listing Contract Date:2024-02-06,Originating System I D:miamire,Public Survey Section:0,Showing Instructions:No Sign,See Broker Remarks,Street Number Numeric:1159,Tax 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,Public Survey Township:0,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:1573,M I A M I R E_ Internet Remarks:Prime 5,000 sqft site in Riverside/Little Havana. Plans for 15-unit building submitted, no parking required. $4,440/mo income. DO NOT DISTURB TENANTS.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-02-06,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:808.08,Internet Automated Valuation Display Y N:1,