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Renovated Multifamily Property
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733 Northwest 4th Avenue, Miami, FL 33136

Renovated income-producing asset with T6-8-O zoning in Miami’s Overtown neighborhood.

Property Size1,065 SF
Price / SF$844.13
Days on Market61

Property Features for 733 Northwest 4th Avenue

General Information

Standard status Active
Size 1,065 SF
Class D
Total Parking Spaces 3
Property subtype Multifamily
Zoning T6-8-O
Investment Type Redevelopment

Additional Details

Road Access Yes

Building Details

Year Built 1954
Listing Agency: Walnut Street Realty Co
Listed By: Arthur Bartholomew · License #3244033
Source: Crexi
Added: Jul 2 Changed: Aug 30 Last Checked: Aug 30 at 1:15PM

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 Walnut Street Realty Co

Investment Insights

Based on property information with market context.

This renovated multifamily property at 733 Northwest 4th Avenue offers an income-producing configuration within Miami’s Overtown neighborhood. The asset was built in 1954 and carries T6-8-O zoning, which permits development of 8 to 12 stories as of right.

The property is positioned within an active redevelopment area. The Walker workforce housing project is located directly across the street, while the historic People’s BBQ property sits next door and is undergoing redevelopment. The surrounding corridor also includes significant public and private investment, adding context for the site’s development profile.

Key Highlights

  • T6‑8‑O zoning allows 8 to 12 stories of development as of right
  • Renovated multifamily property with income‑producing use
  • Located at 733 Northwest 4th Avenue in Miami’s Overtown neighborhood

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Electrical Service Parking Lot & Garage Nursing Home Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,237
Businesses Nearby

Demographics for 33136, FL

15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Renovated income-producing asset with T6-8-O zoning in Miami’s Overtown neighborhood.
Where is this multifamily property located?
The property is located at 733 Northwest 4th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: T6‑8‑O zoning allows 8 to 12 stories of development as of right; Renovated multifamily property with income‑producing use; Located at 733 Northwest 4th Avenue in Miami’s Overtown neighborhood
More about this property
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