1159 NW 4th St Miami, FL 33128
Riverside NeighborhoodEstimated payment $6,401/month
Total Views
3,087
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Bed
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Bath
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Sq Ft
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Price per Sq Ft
About This Home
Offering a shovel ready prime 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
- 1923
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
Home Design
Location
- City Lot
Utilities
- Natural Gas Connected
- 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
Map
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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 |
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
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11706061
APN: 01-4102-005-0990
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