
$1,500,000
Commercial for Sale, 1035 NW 4th St, Miami, Florida 33128
- MLS#A12030126
Listed By Fausto Commercial Realty Consultants Inc
The Commercial Property for Sale located at 1035 NW 4th St, Miami, Florida 33128 is currently for sale.
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.
Location
1035 NW 4th St, Miami, Florida 33128
Property features
Lot/Land
- Land/Lot size:
697 m² (7,500 ft²)
Construction
- Year built: 1953
- Roofing: Shingle
- Construction: Concrete Block With BrickCbs Construction
Interior Features
- Floors: Tile
Security
- Features: Smoke Detector
Heating and Cooling
- Heating System: Central Heat-Electric
- Cooling System: Central AC
Utilities
- Other utilities: Public