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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

1640 SW 4TH ST, MIAMI, FL 33135

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Income/MultiFamily - for Sale

1640 SW 4TH ST, MIAMI, FL 33135

Asking Price$1,250,000

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  • Days on market:

    50 day(s)

  • Original Price:

    $1,250,000

  • Tax Legal Description:

    F W HAHNS SUB PB 7-151 LOT 3 LOT SIZE 7500 SQUARE FEET OR 20133-1323 01/2002 1 COC 22473-2156 07 2004 1

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$1,250,000

$4,900,000 prime 22,500 sf site in west little havana with t5-o zoning, ideal for live-local/sb102 development, allowing over 300 units and up to 24 stories (48 with bonuses), no flr limits. includes three parcels: one with a 12-unit "old spanish" apartment (7,500 sf), and two 1954 5-unit buildings (15,000 sf), all 1 bed/1 bath. located near brickell and downtown, along vibrant calle ocho, attracting 3m+ tourists yearly. close to ball & chain, union beer store, and more, with retail rents nearing $60psf. sw 17 av frontage offers easy access to coral gables, airport, and high-frequency transit. little havana’s central location and booming development make it a hotspot for high-income residents and businesses.

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