Property Details
| Asking Price | $1,500,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | Not yet assessed |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1953 |
| Lot Size | 0.17 acres |
| MLS # | A12030126 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
From the listing
1035 NW 4 Street offers investors a strong opportunity to secure an 8-unit multifamily asset in one of Little Havana’s most active growth pockets.Situated on 7,500 SF of T4-zoned land, the property benefits from immediate proximity to the Miami River, Downtown Miami, Brickell, the Health District, and Calle Ocho. This is a strategic location for investors looking to enter or expand within a market seeing continued development momentum.Offered at $1,500,000, the property comes in at approximately $187,500 per unit, a competitive basis for in-place multifamily in this area. Current rents are below market, creating a clear value-add opportunity for an investor to improve operations, refresh the asset, and capture rental upside. With a thoughtful cleanup and targeted improvements, the property is well positioned to close the gap between current performance and what a stabilized Little Havana multifamily asset can command.Below-market rents. T4 land. Competitive basis. Clear value-add upside.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 1035 NW 4th Street, Miami, FL 33128
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2205056 | $610,000 | 9/8/16 |
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.