UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,312 sqft
Price per Sqft $312
MLS Listing ID A12026825
HOA Y/N No
Year Built 1948
Lot Size 0.344 Acres
Property Sub-Type Multi Family
Property Description
Positioned in one of Miami's most active growth corridors, 840 NW 4 Street offers investors and developers a rare opportunity to secure a 15,000 SF land hold just steps from the Miami River and minutes from Downtown Miami, Brickell, the Medical District, and Calle Ocho.
Surrounded by established mid-rise development and with additional projects underway throughout the immediate area, this asset sits directly in the path of Little Havana's next wave of growth. Whether held for long-term land appreciation, improved to maximize rental income, or repositioned as part of a larger investment strategy, the property offers multiple paths to value creation.
The existing building consists of 9 total units, including six 2-bedroom/1-bath units and three townhouse-style 3-bedroom/2-bath units — a rare unit mix in this submarket. The property has been well kept and features durable CBS construction, recently replaced modern windows, a recently replaced roof, PVC plumbing, and on-site parking for all units, an increasingly rare amenity in Little Havana.
With strong land fundamentals, meaningful improvements, and clear upside through targeted aesthetic upgrades, 840 NW 4 Street is ideal for investors seeking immediate income potential and developers looking to establish or expand their position in one of Miami's most dynamic urban neighborhoods.
Position yourself ahead of the next wave of Little Havana development.
Location
State FL
County Miami-dade
Area 41
Zoning 3900
Interior
Heating Central, Electric, Window Unit, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 01-41-38-003-3740
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12026825
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."