5898 NORTH EAST 4TH CT, Miami
$1,250,000 USD
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| Address | 5898 NORTH EAST 4TH CT, Miami |
| Type of Property | Income / MultiFamily |
| Type of Business | Residential-Multi-Family |
| Price | $1,250,000 |
| Previous Price | $1,350,000 (16 days ago) |
| Property Status | Active |
| MLS Number | A11772347 |
| Property Size | 8475 |
| Lot Size | 8475 |
| Year Built | 1960 |
| Folio Number | 01-32-18-042-0010 |
| Zoning Information | 4600 |
| Days on Market | 33 |
Detailed Description: Future Re-Development Upside on High-Growth Corridor At the crossroads of Buena Vista, Upper Eastside, MiMo, and Little Haiti, the property sits in the direct path of progress for Miami’s rapid transformation. Zoned for future redevelopment of 3X the current density, allowing for up to 5 stories and 12 units, this site is a strategic investment in one of Miami’s fastest-growing neighborhoods. Prime Walkable Location to Neighborhood F and B Steps from top retail and dining hotspots and Boulevard project. Value-Add Potential / Short-Term Rental Conversion Fully occupied and cash-flowing with opportunities to boost revenue by completing bathroom renovations, upgrading appliances, and enhancing interiors. Ideal for maximizing with Airbnb-style rental income in a high-demand location.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33137 |
| Address | 5898 NORTH EAST 4TH CT |
| Section | 18 |
| Zip Code (4 Digits) | 2612 |
Financial Information
| Price | $1,250,000 |
| Price per Foot | $0 |
| Previous Price | $1,350,000 |
| Folio Number | 01-32-18-042-0010 |
| Tax Amount | $13,967 |
Full Descriptions
| Detailed Description | Future Re-Development Upside on High-Growth Corridor At the crossroads of Buena Vista, Upper Eastside, MiMo, and Little Haiti, the property sits in the direct path of progress for Miami’s rapid transformation. Zoned for future redevelopment of 3X the current density, allowing for up to 5 stories and 12 units, this site is a strategic investment in one of Miami’s fastest-growing neighborhoods. Prime Walkable Location to Neighborhood F and B Steps from top retail and dining hotspots and Boulevard project. Value-Add Potential / Short-Term Rental Conversion Fully occupied and cash-flowing with opportunities to boost revenue by completing bathroom renovations, upgrading appliances, and enhancing interiors. Ideal for maximizing with Airbnb-style rental income in a high-demand location. |
Property parameters
| Living Area | 8475 |
| Lot Size | 8475 |
| Total Acreage | 0.000 |
| Zoning Information | 4600 |
| Maximum Leasable Size | 8475 |
| Year Built | 1960 |
| Type of Property | Income / MultiFamily |
| Type of Business | Residential-Multi-Family |
| Street Direction | North East |
| Listed with | The Alpha Commercial Advisors LLC |