Investor's dream in Little Havana! This corner-lot property offers multiple opportunities! Rehab the existing structure for immediate rental income, redevelop into 4 units by right, or leverage zoning to construct up to 7 workforce housing units. Priced at $599,000, it's a strategic acquisition in a neighborhood where the median listing price is $745,000. The compact size ensures minimized overhead and ease of management. Situated just west of Brickell, the area is experiencing rapid appreciation, with median home prices up 11.2% year-over-year. Proximity to Calle Ocho's cultural hotspots and Downtown Miami enhances its allure. Don't miss this chance to capitalize on this great investment.
Features
crop_free5000 sq. ft. lot size
cottageLand
Property history for 1268 Southwest 4th Street
2024
Sold
$420,000
06 Sep 2024 by Norma Suarez, of Florida Realty of Miami Corp
Happy sellers in Miami
90%
sentiment_very_satisfied
90% of sellers in Miami reported that their sale price either exceeded or met their price expectations.
Miami stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 6 reviews in Miami over the last 12 months.
Local market activity for land plots in Miami
Sold
For Sale
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