new - 4 days on rocket

1159 NW 4th St, Miami, FL, 33128

$1,095,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1159 NW 4th St, Miami$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1923
HeatingWall Furnace
CoolingOther
MLS #A11706073
StatusActive

About 1159 NW 4th St

Offering a prime T-6-8-O zoned 5,000 sqft development site in Riverside/East Little Havana with submitted plans for a 5-story, 15-unit multifamily building totaling 10,000 sqft, including 7 micro studios (allowing short-term lodging) and 8x 3-bed 3-bath apartments. Expected City approval by Q1 '25. Major benefit includes an approved parking waiver, eliminating the need for onsite parking. Strategically located minutes from the job centers of Downtown, Brickell, and the Health District, and walking distance to Marlins Stadium & Miami River. An existing 4-unit property on site generates $4,540/month gross from month-to-month tenants. Ideal for developers and investors seeking immediate income and growth potential in Miami's vibrant market. DO NOT DISTURB TENANTS.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1923
  • Stories: 1

Listing Office:

  • Office Name: LoKation
  • Office Phone: (323) 646-6056
  • Listing Agent: Alexandru Celea

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 1159 NW 4th St
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Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Other

Other

Directions Information:

  • Directions: Use GPS for directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000

Tax Information:

  • Annual Amount: $7,707
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

1159 NW 4th St vs Miami

4 DAYS ON ROCKET

-56 Days

$1,095,000

+$529.3K More

KEY TAKEAWAY

This property is $529.3K more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11706073

Listing Office:

  • Office Name: LoKation
  • Office Phone: (323) 646-6056
  • Listing Agent: Alexandru Celea

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/12/2024, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,707$326,167
2018$5,660$276,428
2017$5,619$229,386

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2384162
3
/10

  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-2384163
3
/10

  • Alpha Charter of Excellence

  • 1217 SW 4th St

  • 0.54 miles

  • Public Charter Grades KG-5

school-card-donut-2384164
10
/10

  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.92 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,607. The majority of Miami, FL residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33128›1159 NW 4th St

This home is located at 1159 NW 4th St in Miami, FL and zip code 33128 in the Little Havana neighborhood. This home was built in 1923. It has been listed on Rocket Homes since December 08, 2024 and is currently priced at $1,095,000.

In November 2024, from all listings sold in Miami, FL there were more than 38 sold above asking price, over 445 sold below and more than 112 were sold right at the asked price. Between October 2024 and November 2024, Miami, FL real estate market has seen increase in the number of listings by 6.7%. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $565,671.

From Rocket Homes Real Estate and based on county public records data.

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