931 4th St , for Sale

931 4th St for Sale

Price $9,500,000.00

• Lot size 35805
• Year Build 1948
• Waterfront
• Zip 33130
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Fausto Commercial presents this apartment complex in East Little Havana of 41 units sitting on over 35,000 SF of land. 30 of the units are 1948 vintage that were impeccably restored in 2008 with new roofs, electrical, floors and plumbing. In 2007 an additional structure of 12 units was added; these have individual water meters, central a/c, PVC plumbing, and impact windows and doors. There are 23 spacious 1 bedroom units, and 18 - two bedroom one bath units with parking on site, and washer/dryers available in the courtyard. At $304/SF for the building or $231,707/unit, you won?t find anything else like this. The location is itself an amazing urban amenity being just one blocks from Riverside Park, and residents with children will love its only 2 blocks from Ada Merritt.

With accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes on Calle Ocho and picturesque parks like Jose Marti, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area. This is a proven inflation proof asset type. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. The massing of land also positions savvy investors to capitalize and build in the future. Come invest in the prosperous neighborhood that is surging in economic heart of the city.

RIVERVIEW PB 5-43 LOTS 17 THRU 20 BLK M LOT SIZE 35805 SQ FT OR 19547-3432 0201 1

Fausto Commercial presents this apartment complex in East Little Havana of 41 units sitting on over 35,000 SF of land. 30 of the units are 1948 vintage that were impeccably restored in 2008 with new roofs, electrical, floors and plumbing. In 2007 an additional structure of 12 units was added; these have individual water meters, central a/c, PVC plumbing, and impact windows and doors. There are 23 spacious 1 bedroom units, and 18 - two bedroom one bath units with parking on site, and washer/dryers available in the courtyard. At $304/SF for the building or $231,707/unit, you won?t find anything else like this. The location is itself an amazing urban amenity being just one blocks from Riverside Park, and residents with children will love its only 2 blocks from Ada Merritt.

City:Miami,Zoning:T4-R,List A O R:A-Miami Association of REALTORS,Latitude:25.7700468,List Price:9500000,Listing Id:A11692920,Longitude:-80.2097116,Mls Status:Active,Year Built:1948,Postal Code:33130,Street Name:4th St,Coordinates:1:25.7700468,Photos Count:87,Business Type:1:Residential-Multi-Family,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2024-11-12,Parcel Number:01-41-38-003-1540,Property Type:Commercial Sale,Street Number:931,Public Remarks:Fausto Commercial presents this apartment complex in East Little Havana of 41 units sitting on over 35,000 SF of land. 30 of the units are 1948 vintage that were impeccably restored in 2008 with new roofs, electrical, floors and plumbing. In 2007 an additional structure of 12 units was added; these have individual water meters, central a/c, PVC plumbing, and impact windows and doors. There are 23 spacious 1 bedroom units, and 18 - two bedroom one bath units with parking on site, and washer/dryers available in the courtyard. At $304/SF for the building or $231,707/unit, you won?t find anything else like this. The location is itself an amazing urban amenity being just one blocks from Riverside Park, and residents with children will love its only 2 blocks from Ada Merritt.,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Private Remarks:With accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes on Calle Ocho and picturesque parks like Jose Marti, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area. This is a proven inflation proof asset type. Investing in this area presents an extraordinary opportunity to capitalize on the remarkable surge of growth and development sweeping through the region. The massing of land also positions savvy investors to capitalize and build in the future. Come invest in the prosperous neighborhood that is surging in economic heart of the city.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2293,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:107884,Unparsed Address:931 SW 4th St, Miami FL 33130,Listing Agreement:Exclusive Right To Sell,Building Area Total:31192,Building Area Units:Square Feet,Lot Size Square Feet:35805,Original List Price:9500000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Fausto Commercial presents this apartment complex in East Little Havana of 41 units sitting on over 35,000 SF of land. 30 of the units are 1948 vintage that were impeccably restored in 2008 with new roofs, electrical, floors and plumbing. In 2007 an additional structure of 12 units was added; these have individual water meters, central a/c, PVC plumbing, and impact windows and doors. There are 23 spacious 1 bedroom units, and 18 - two bedroom one bath units with parking on site, and washer/dryers available in the courtyard. At $304/SF for the building or $231,707/unit, you won?t find anything else like this. The location is itself an amazing urban amenity being just one blocks from Riverside Park, and residents with children will love its only 2 blocks from Ada Merritt.,Listing Contract Date:2024-11-12,Originating System I D:miamire,Public Survey Section:38,Street Number Numeric:931,Tax Legal Description:RIVERVIEW PB 5-43 LOTS 17 THRU 20 BLK M LOT SIZE 35805 SQ FT OR 19547-3432 0201 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Visit Fausto Commercial for more investment opportunities.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-11-12,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,