$999,000

1159 NW 4th St Miami, FL 33128

Riverside Neighborhood

Estimated payment $6,023/month

Total Views 9,939
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Offering a prime SHOVEL READY T-6-8-O zoned 5,000 sqft development site in Riverside/East Little Havana with APPROVED 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. 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.

Listing Agent

Alexandru Celea

LoKation Brokerage Phone: 323-646-6056 License #3464672 Listed on: 06/02/2025

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,017

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lawrence Estate Land Co S Condos
  • Lawrence Estate Land Co S Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-005-0990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,017

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Property Sub Type: Income/MultiFamily
  • Directions: Use GPS for directions.
  • Horses: No
  • Lot Size Acres: 0.114
  • Lot Size: 50x100
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: LAWRENCE ESTATE LAND CO S
  • Attribution Contact: 323-646-6056
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Central Urban

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO S

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-02-005-0990
  • Current Use: Other Usage, Income (Other)
  • Lot Size Sq Ft: 5000
  • Zoning: 6100

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10017

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,965 $485,151 -- --
2024 $10,435 $441,047 -- --
2023 $10,435 $446,533 $400,000 $46,533
2022 $10,485 $471,735 $425,000 $46,735
2021 $7,687 $326,036 $300,000 $26,036
2020 $7,707 $326,167 $300,000 $26,167
2019 $7,725 $326,297 $300,000 $26,297
2018 $5,660 $276,428 $250,000 $26,428
2017 $5,619 $229,386 $0 $0
2016 $1,674 $83,488 $0 $0
2015 $1,621 $80,173 $0 $0
2014 $1,629 $79,537 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2025 06/02/25 For Sale $999,000 +103.9% --
11/30/2021 11/30/21 Sold $490,000 0.0% $330 / Sq Ft View Prior Sale
10/31/2021 10/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $490,000 -- $330 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $356,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11814077

MIAMI REALTORS® MLS

APN: 01-4102-005-0990

Florida Miami/Dade County Miami 33128 Riverside

1159 NW 4th St, Miami, FL

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Alexandru Celea
Listing Agent
Alexandru Celea
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LoKation
(305) 745-7141