$999,000
$96K PRICE DROP

Estimated payment $6,401/month

Total Views 3,187
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Heating System Mounted To A Wall or Window

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

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,017

Year Built

  • Built in 1923

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window

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

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1923
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: Use GPS for directions.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAWRENCE ESTATE LAND CO S
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 323-646-6056
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO S
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-005-0990
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gas, Hot Water, Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10017

Map

Range of Values:

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Average Value
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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
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 Change Sq Ft Price
04/21/2025 04/21/25 Price Changed $999,000 0.0% --
04/21/2025 04/21/25 Price Changed $999,000 -8.8% --
12/08/2024 12/08/24 For Sale $1,095,000 0.0% --
12/08/2024 12/08/24 For Sale $1,095,000 +123.5% --
11/30/2021 11/30/21 Sold $490,000 0.0% $330 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $490,000 -- $330 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed 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
Open $400,000 Construction
Closed $356,000 Commercial
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11706073

MIAMI REALTORS® MLS

APN: 01-4102-005-0990