Shovel Ready Multifamily Development
1159 NW 4th St, Miami, FL 33128
Multi Family - Miami, FL
Type:Multi Family
Property size:
10,000 SFLot size:
0.11 AcresPrice / SF:
$99/SF- Added:
- Jun 2, 2025
- Days on Market:
- 347
- Last Refresh:
- May 14 at 5:06 am
Property Features for 1159 NW 4th St
General Information
- Property type
- Land
- Property subtype
- Multi Family
- Zoning
- 6100
- Standard status
- Active
- APN
- 01-41-02-005-0990
- Size
- 10,000 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10017
Utilities
- Water source
- Public
Building Details
- Architectural style
- Other
Listing agent Alexandru Celea License #3464672 (954) 545-5583
Listing office LoKation 1500 E. Atlantic Blvd., Pompano Beach, FL (954) 545-5583
Listing date Jun 2, 2025
MLS# A11814077
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Shovel‑ready 5,000 sqft development site with T‑6‑8‑O zoning.
- Approved plans for a 5‑story, 15‑unit multifamily building (10,000 sqft).
- Approved parking waiver eliminates the need for onsite parking.
- Includes 7 micro studios (allowing short‑term lodging) and 8x 3‑bed 3‑bath apartments.
- Existing 4‑unit property generates $4,540/month gross income.
- Minutes from Downtown, Brickell, and the Health District; walking distance to Marlins Stadium & Miami River.
Overview
This property offers a 5,000 sqft development site in Riverside/East Little Havana, zoned T-6-8-O. It comes with approved plans for a 5-story, 15-unit multifamily building totaling 10,000 sqft. The building design includes 7 micro studios, which allow for short-term lodging, and 8 apartments with 3 bedrooms and 3 bathrooms each. A significant advantage is the approved parking waiver, removing the requirement for onsite parking. The location is strategically positioned minutes from the job centers of Downtown, Brickell, and the Health District, and within walking distance of Marlins Stadium and the Miami River. Currently, there is an existing 4-unit property on the site, generating a gross monthly income of $4,540 from month-to-month tenants. This property is suited for developers and investors looking for immediate income and growth opportunities in the Miami market. The lot size is 0.1148 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.21432
- Latitude
- 25.777601
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Approved plans for 15-unit building in Riverside/East Little Havana.
Where is this commercial land located?
The property is located at 1159 NW 4th St Miami, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Shovel‑ready 5,000 sqft development site with T‑6‑8‑O zoning.; Approved plans for a 5‑story, 15‑unit multifamily building (10,000 sqft).; Approved parking waiver eliminates the need for onsite parking.
