Miami Development
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1801 NE 4th Ave, Miami, FL 33132
18-unit property with high-rise development potential in Miami.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market900
Property Features for 1801 NE 4th Ave
General Information
Standard status
Active
Class
B
Lot size
0.32 Acres
Property subtype
Multifamily
Zoning
T6-36A-L
Occupancy
100%
Investment Type
Redevelopment
Building Details
Year Built
1974
Buildings
1
Stories
5
Units
18
Listing Agency:
Porosoff Group
(305) 209-8866
Listed By:
Arthur Porosoff · License #3160379
Source:
Crexi
Added: Mar 13, 2024
Changed: Aug 21
Last Checked: Aug 29 at 12:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porosoff Group
Investment Insights
Based on property information with market context.
Located in Miami, the property at 1801 NE 4th Avenue offers an opportunity for development. The property includes 18 units on a 14,088 square foot lot. Zoned T6-36A-L, the site allows for high-rise development and short-term hospitality within the Miami-21 zoning landscape. Situated within the OMNI CRA and located in a Transit Oriented District, the zoning allows for the construction of 322 micro units with no parking requirements, 60% at market rate and 40% affordable to tenants earning up to 120% of the Area Median Income (AMI), which is $2126 maximum for studios, coming out to $5.50/Sq Ft in rent. The property is near Opera Tower, 1800 Club, Quantum on the Bay, and across from the ARIA Reserve, and is also located blocks from David Grutman's newest restaurant and the new Edition hotel and residences. Its location near Midtown, Wynwood, and the Design District enhances its appeal. The property offers the potential for boutique condo development or hospitality ventures and may offer water views.
Key Highlights
- Zoning T6‑36A‑L allows for high‑rise development and short‑term hospitality.
- Located in OMNI CRA, zoning allows for 322 micro units with no parking requirements via Live Local.
- Large 14,088 Sq. Ft. lot in a prime Miami location.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 33132, FL
18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18-unit property with high-rise development potential in Miami.
Where is this apartment building located?
The property is located at 1801 NE 4th Ave Miami, FL.
What is the asking price?
The asking price for this property is $15,750,000.
What are key features of this property?
This property features: Zoning T6‑36A‑L allows for high‑rise development and short‑term hospitality.; Located in OMNI CRA, zoning allows for 322 micro units with no parking requirements via Live Local.; Large 14,088 Sq. Ft. lot in a prime Miami location.
