Lawrence Est, 1159 NW 4th St, Miami, Florida 33128

Overview

Status: Active
Bed(s) No info
Bath(s)
Half Bath(s) 0
Parking No info
Size: 1,905 ft²/176.98 m²
Price Per: $603.67 ft²/$6,497.90 m²
Type: Multifamily
Built: 1923
HOA: No info
MLS Number: A11528438
View No info
On Site: 80 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 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.

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Price History

Date	Event	Price	Change Rate	Price Per
03/27/2024	Price Reduced	$1,150,000.00	4.2%	$603.67 ft²/$6,497.90 m²
03/07/2024	Price Reduced	$1,200,000.00	4.0%	$629.92 ft²/$6,780.42 m²
02/07/2024	Listed	$1,250,000.00		$656.17 ft²/$7,062.94 m²

Features

Property Details for 1159 NW 4th St, Miami, FL 33128

Lawrence Est, Multifamily current status is Active, 1159 NW 4th St is a Multifamily in , Miami, FL 33128 with property MLS ID# A11528438. This Multifamily has been listed on Best of Luxury Realty since February 07, 2024 and is currently priced at 1,150,000. This property was built in 1923.

Bedrooms
Bedrooms: No info
Bedroom Description: No info

Bathrooms
Full Bathrooms:
Half Bathrooms: No info
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: No info
View: No info

Interior, Heating and Cooling
Interior Features: No info
Appliances: No info
Heating Description: Wall Furnace
Cooling Description: No info

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: Lawrence Est
Subdivision Name: LAWRENCE ESTATE LAND CO S
Property Type: Multifamily
Property Subtype: Residential Income
Type of Association: Homeowners
Garage Spaces: No info
Listing Date: 02/07/2024
Directions: Use GPS for directions.
Area: 41
Brokered By: LoKation

Taxes, Fees & More
Maintenance/HOA Fees: No info
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): No info

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Area Specialist

Buyer/Tenant Etiquette

Tracey Schmitt, Broker
Best of Luxury Realty

Phone: (305) 407-1657

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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This property is courtesy of the LoKation. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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