1159 4th St ,Lawrence Estate Land Co S for Sale

1159 4th St for Sale

Price $1,150,000.00

• Lot size 5000
• Year Build
• Waterfront
• Zip 33128
• Style
• Parking Description
• Pool Yes
• Status Active

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 June 2024. A notable 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 $4,440/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.

Do not disturb tenants. Major selling point is that parking won't be required - you're grandfathered in with the plans. Survey attached in additional documents. Plans, environmental, percolation, soil test, zoning verification letter available upon request from serious buyers. Walk-throughs only for accepted offers. Reach via TEXT or EMAIL for fastest response: 305-745-7141, hello@alexandru.realestate

2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB E50FT OF LOTS 12 & 13 BLK 6 LOT SIZE 50.000 X 100

City Location, Less Than 1 Acre

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 June 2024. A notable 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 $4,440/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.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.7775912,List Price:1150000,Listing Id:A11529812,Longitude:-80.2142819,Mls Status:Active,Utilities:1:Electricity Connected,2:Natural Gas Connected,3:Phone Connected,4:Sewer Connected,5:Water Connected,6:Other,Current Use:1:Unimproved Multi Family (5+Units),Directions:Use GPS for directions.,Postal Code:33128,Street Name:4th St,Coordinates:1:25.7775912,Lot Features:1:Less Than 1 Acre,Photos Count:9,Building Name:LAWRENCE ESTATE LAND CO S,Days On Market:28,Lot Size Acres:0.114,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lawrence Estate Land Co S,On Market Date:2024-02-08,Parcel Number:01-41-02-005-0990,Property Type:Commercial Land,Street Number:1159,Public Remarks: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 June 2024. A notable 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 $4,440/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.,County Or Parish:Miami-Dade County,Frontage Length:50,List Office Name:LoKation,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:1014,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:LAWRENCE ESTATE LAND CO S,Tax Annual Amount:10017,Unparsed Address:1159 NW 4th St, Miami FL 33128,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Dimensions:50x100,Lot Size Square Feet:5000,M I A M I R E_ L P Amt Sq Ft:240,Original List Price:1250000,Previous List Price:1250000,Public Survey Range:0,I D X Participation Y N:1,Syndication Remarks: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 June 2024. A notable 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 $4,440/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 Contract Date:2024-02-08,Originating System I D:miamire,Public Survey Section:0,Showing Instructions:Call Listing Agent,No Sign,See Broker Remarks,Street Number Numeric:1159,Tax Legal Description:2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB E50FT OF LOTS 12 & 13 BLK 6 LOT SIZE 50.000 X 100,Gross Scheduled Income:4400,Public Survey Township:0,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Internet Remarks:Prime 5,000 sqft site in Riverside/Little Havana. Plans for 15-unit building submitted, no parking required. $4,440/mo income. DO NOT DISTURB TENANTS.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-02-08,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,