About 1035 Nw 4th Street
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.
Features of 1035 Nw 4th Street
| MLS® # | A12030126 |
|---|---|
| Price | $1,500,000 |
| Acres | 0.17 |
| Year Built | 1953 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1035 Nw 4th Street |
|---|---|
| Area | 2410 |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33128 |
| HOPA | No Hopa |
Interior
| Heating | Electric, Central Individual |
|---|
Exterior
| Roof | Shingle |
|---|---|
| Construction | CBS, Concrete Block - No Stucco |
Additional Information
| Zoning | T4-R |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|