Description
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.
Details
| MLS # | A12030126 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 91 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Christopher Carbonell |
Features
| SQ Feet | 4,000 |
|---|---|
| Units | 8 |
| Zoning | T4-R |
| Acreage | 7500.00 |
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33128 |
| Area | 41 |
| Listing VS Median (in 33128) | |
Price: $1,500,000 low | high Med: $170,000 sqft: 4,000 low | high Med: 715 $ / sqft: $375 low | high Med: $238 On site: 91 low | high Med: 77 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33128 |
| Area | 41 |
| Listing VS Median (in 33128) | |
Price: $1,500,000 low | high Med: $170,000 sqft: 4,000 low | high Med: 715 $ / sqft: $375 low | high Med: $238 On site: 91 low | high Med: 77 | |
