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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.45 miles
Public District Grades PK-5
Middle School
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school2.06 miles
Public District Grades 6-8
High School
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school0.85 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.45 miles
Public District Grades PK-5
Nearby Schools
3
/10
Alpha Charter of Excellence
1223 SW 4th St
Distance between this listing and this school0.54 miles
Public Charter Grades KG-5
10
/10
Mater Academy East Charter
450 SW 4th St
Distance between this listing and this school0.92 miles
Public Charter Grades PK-5
Assigned Schools
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school2.06 miles
Public District Grades 6-8
Nearby Schools
9
/10
Lincoln-Marti Charter School Little Havana Campus
970984 West Flagler St
Distance between this listing and this school0.35 miles
Public Charter Grades KG-8
5
/10
Sports Leadership and Management (Slam) Charter Mi
604 NW 12th Ave
Distance between this listing and this school0.70 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school0.85 miles
Public Magnet Grades 9-12
Nearby Schools
7
/10
Charter High School of The Americas
970984 West Flagler St
Distance between this listing and this school0.35 miles
Public Charter Grades 9-12
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.37 miles
The neighbors living near this home have an average income of $30,607. Residents of Miami, FL typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1159 NW 4th St
What is the listing price of this property?
The listing price of 1159 NW 4th St property is $1,150,000.
What type of property is this?
The property 1159 NW 4th St is land located in Miami, Florida, 33128.
Is this property for sale now?
Active Listing: 1159 NW 4th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1159 NW 4th St are: Riverside Elementary School: GreatSchools Rating 3/10Jose De Diego Middle School: GreatSchools Rating 1/10Booker T. Washington Senior High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,707 (source: MLS/based on county public records data).
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This home is located at 1159 NW 4th St in Miami, FL and zip code 33128 in the Little Havana neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,150,000.
Over 115 listings were sold over their listed price in March 2024 in Miami, FL. In the same period over 619 listings were sold below the listed price and 149 listings were sold for the listed price. Between February 2024 and March 2024, Miami, FL real estate market has seen increase in the number of listings by 9.1%. In March 2024 median list price was $540,091 and the average listing age was 59 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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