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Lawrence Estate Land Co S

$1,095,000

1159 NW 4th St, Miami, FL 33128

Active
Last Updated: 01/29/2025

1923

Year Built

1

Floors

Details:
Year Built:    1923
Floors:    1
Parking Spots:    4
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Deposit Held, Copy Of Lease(S)
  • Architectural Style: Detached
  • Cooling: Other
  • Heating: Window/Wall
  • Flooring: Tile
  • Construction Materials: CBS Construction
Description:

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 Q1 '25. Major 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 $4,540/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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