840-858 NW 4th St - Apartments FOR SALE


Miami, FL 33128- Little Havana
$2,600,000 USD
305-753-3295
840-858 NW 4th St, Miami, FL for Sale
$2,600,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

840-858 NW 4th St
Miami, FL 33128
Little Havana


OVERVIEW

Rare Little Havana / Miami River Multifamily Opportunity 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.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

9

PRICE/UNIT

$288,889

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

T4-R

APN/PARCEL ID

01-4138-003-3740

ASK ABOUT THIS PROPERTY

Christopher CarbonellFausto Commercial Realty ConsultantsMore Info
305-753-3295

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Christopher CarbonellFausto Commercial Realty ConsultantsMore Info
305-753-3295

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.