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1159 NW 4th St, Miami, FL 33128
$1,150,000
1159 NW 4th St, Miami, FL 33128View this property at 1159 NW 4th St, Miami, FL 33128
1159 NW 4th StMiamiFL33128
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Property 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.
Full Property Details
Full Property Details for 1159 NW 4th St
General
- Price: $1,150,000
- Taxes: $10,017 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: A11529812
- Updated: 3/27/2024
- Added to Site: 88 day(s) ago
Location
- Area: Lawrence Estate Land Co S
- County: Miami-Dade County
- Subdivision: LAWRENCE ESTATE LAND CO S
- Building Name: LAWRENCE ESTATE LAND CO S
- Driving Directions: Use GPS for directions.
Community
- Community Name: Lawrence Estate Land Co S
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Other
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Hotel/Motel, Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.114
- Lot Size (Sq. Ft.): 5,000
- Lot Dimensions: 50 x 100
- Frontage Feet: 50
- Lot Features: City Location, Less Than 1 Acre
- Potential Use: Central Urban
- Zoning: 6100
Financial Considerations
- Tax Amount: $10,017
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- 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
- Property ID: 01-41-02-005-0990
Listed by LoKation
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Schools
Schools serving 1159 NW 4th St
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1190 Sw 2nd St, Miami, FL 33130 | PK-5 | 0.4 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 21.4 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 2.1 mi | |
1200 Nw 6th Ave, Miami, FL 33136 | 9-12 | 0.9 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 16.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1159 NW 4th St
Date
Details
Price
Change
Source
3/27/2024
Price Reduced
$1,150,000
-4.17%
MLS
3/07/2024
Price Reduced
$1,200,000
-4%
MLS
2/08/2024
Listed
$1,250,000
155.1%
MLS
11/23/2021
Sold
$490,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1159 NW 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,939
29%
$496,533
52%
2021
$7,687
-18%
$326,036
-31%
2022
$9,346
22%
$471,735
45%
2021
$7,687
—
$326,167
—
2019
$7,725
36%
$326,297
18%
2018
$5,660
1%
$276,428
21%
2017
$5,619
236%
$229,386
175%
2016
$1,674
3%
$83,488
4%
2015
$1,621
—
$80,173
1%
2014
$1,629
2%
$79,537
1%
2013
$1,602
—
$78,362
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1159 NW 4th St
1159 NW 4th St, Miami, FL 33128 (MLS# A11529812) is a Multi-Family property with a lot size of 0.114 acres. 1159 NW 4th St is currently listed for $1,150,000 and was received on February 08, 2024. Want to learn more about 1159 NW 4th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.