
1159 NW 4th St Miami, FL 33128
Riverside NeighborhoodEstimated payment $6,411/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $490,000 | Attorney | |
Interfamily Deed Transfer | -- | Attorney |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $400,000 | Construction | |
Closed | $356,000 | Commercial |
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Source: MIAMI REALTORS® MLS
MLS Number: A11706073

APN: 01-4102-005-0990
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