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 curre

5898 NORTH EAST 4TH CT, Miami

$1,250,000 USD
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Address5898 NORTH EAST 4TH CT, Miami
Type of PropertyIncome / MultiFamily
Type of BusinessResidential-Multi-Family
Price$1,250,000
Previous Price$1,350,000 (4 days ago)
Property StatusPending
MLS NumberA11772347
Property Size8475
Lot Size8475
Year Built1960
Folio Number01-32-18-042-0010
Zoning Information4600
Days on Market4

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
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33137
Address5898 NORTH EAST 4TH CT
Section18
Zip Code (4 Digits)2612
Financial Information
Price$1,250,000
Price per Foot$0
Previous Price$1,350,000
Folio Number01-32-18-042-0010
Tax Amount$13,967
Type of ContingenciesPending Inspections
Full Descriptions
Detailed DescriptionFuture 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 Area8475
Lot Size8475
Total Acreage0.000
Zoning Information4600
Maximum Leasable Size8475
Year Built1960
Type of PropertyIncome / MultiFamily
Type of BusinessResidential-Multi-Family
Street DirectionNorth East
Listed withThe Alpha Commercial Advisors LLC