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    5898 NE 4Th Ct Miami, FL 33137

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    For Sale
    $1,250,000

    Land with redevelopment potential in a rapidly transforming Miami neighborhood.

    Lot size:
    0.19 Acres

    Property Features for 5898 NE 4Th Ct

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1960

    Source: The Alpha Commercial Advisors LLC Agent Steffanie Jacobson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity in High-Growth Corridor

    Located at the intersection of Buena Vista, Upper Eastside, MiMo, and Little Haiti, this property is positioned within a rapidly transforming area of Miami. The zoning allows for future redevelopment with up to three times the current density, potentially accommodating up to 5 stories and 12 units. The property is currently fully occupied and generating income, with opportunities to increase revenue through renovations such as bathroom upgrades, appliance improvements, and interior enhancements. The location is within walking distance of retail and dining establishments and the Boulevard project. The property may be suitable for short-term rental conversion, potentially maximizing income in a high-demand area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.187307
    Latitude
    25.830905

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    FAQs

    What type of property is this?
    Commercial land - Land with redevelopment potential in a rapidly transforming Miami neighborhood.
    Where is this commercial land located?
    The property is located at 5898 NE 4Th Ct Miami, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Future redevelopment potential with zoning allowing for 5 stories and 12 units.; - Strategic investment in a rapidly transforming, high-growth Miami neighborhood.; - Prime, walkable location near top retail and dining establishments.
    (609) 226-6390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5898 NE 4Th Ct Miami, FL 33137
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