For Sale

840 NW 4 st

Miami, FL 33128

$2,600,000

Highlights

  • 8,312 SF building on a 15,000 SF (0.34 acres) lot
  • 9 units
  • Built in 1948
  • Asking $313/SF

Property facts

Price
$2,600,000
Price per SF
$313/SF
Property type
Multi-family
Building size
8,312 SF
Lot size
15,000 SF (0.34 acres)
Year built
1948
Units
9

About this property

Positioned in one of Miami’s most active growth corridors, 840 NW 4 Street offers investors and developers a rare opportunity to secure a 15,000 SF land hold just steps from the Miami River and minutes from Downtown Miami, Brickell, the Medical District, and Calle Ocho. Surrounded by established mid-rise development and with additional projects underway throughout the immediate area, this asset sits directly in the path of Little Havana’s next wave of growth. Whether held for long-term land appreciation, improved to maximize rental income, or repositioned as part of a larger investment strategy, the property offers multiple paths to value creation. The existing building consists of 9 total units, including six 2-bedroom/1-bath units and three townhouse-style 3-bedroom/2-bath units — a unit mix rarely found in this submarket. The property has been well kept and features durable CBS construction, recently replaced modern windows, a recently replaced roof, PVC plumbing, and on-site parking for all units, an increasingly rare amenity in Little Havana. With strong underlying land fundamentals, meaningful in-place improvements, and clear upside through targeted aesthetic upgrades, 840 NW 4 Street is ideal for investors seeking immediate income potential and developers looking to establish or expand their position in one of Miami’s most dynamic urban neighborhoods. Acquire the land. Capture the income. Position yourself ahead of the next wave of Little Havana development.

From the listing broker.

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Location

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