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6430 NW 4th Ave - Residential Development Site 0.39 Acres of Commercial Land Offered at $1,100,000 in Miami, FL 33150
Executive Summary
Metro 1 is proud to present on an exclusive basis for sale 6420–6430 NW 4 Avenue, Miami, FL (the “Property”), a rare opportunity to acquire a three-parcel assemblage in the rapidly evolving Little River / Little Haiti submarket.
The Property consists of three contiguous lots totaling 120’ x 143’, zoned T5-R, allowing for up to five stories of residential development and approximately 26 multifamily units. This zoning provides a highly efficient development envelope for investors seeking to capitalize on the continued demand for attainable housing in one of Miami’s most active growth corridors.
Strategically located just steps from Athalie Range Park and within close proximity to the Magic City Innovation District, the Property is positioned at the center of a neighborhood undergoing significant transformation driven by institutional capital, new mixed-use developments, and an influx of creative and technology users. As land availability in Little River and Little Haiti continues to diminish, opportunities to acquire scale assemblages with favorable zoning have become increasingly scarce.
This offering presents developers with the ability to deliver a thoughtfully designed residential project in a supply-constrained market, while benefiting from strong rental fundamentals, neighborhood momentum, and long-term appreciation potential.
The Property consists of three contiguous lots totaling 120’ x 143’, zoned T5-R, allowing for up to five stories of residential development and approximately 26 multifamily units. This zoning provides a highly efficient development envelope for investors seeking to capitalize on the continued demand for attainable housing in one of Miami’s most active growth corridors.
Strategically located just steps from Athalie Range Park and within close proximity to the Magic City Innovation District, the Property is positioned at the center of a neighborhood undergoing significant transformation driven by institutional capital, new mixed-use developments, and an influx of creative and technology users. As land availability in Little River and Little Haiti continues to diminish, opportunities to acquire scale assemblages with favorable zoning have become increasingly scarce.
This offering presents developers with the ability to deliver a thoughtfully designed residential project in a supply-constrained market, while benefiting from strong rental fundamentals, neighborhood momentum, and long-term appreciation potential.
Property Facts
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.39 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | T5-R - Commercial Business | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.39 AC |
| Opportunity Zone |
Yes |
| Zoning | T5-R - Commercial Business |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.39 AC |
| Price Per AC | $2,792,310.48 |
| Price | $1,100,000 |
| Price Per AC | $2,792,310.48 |
| Lot Size | 0.39 AC |
Three contiguous lots of 40' x 143' for a total of 120' x 143' zoned T5-R, allowing 5 stories of residential, multifamily and a total of 26 units.
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Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Numbers | Improvements Assessment | $336 | |
| Land Assessment | $943,800 | Total Assessment | $944,136 |
Property Taxes
Parcel Numbers
Land Assessment
$943,800
Improvements Assessment
$336
Total Assessment
$944,136
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6430 NW 4th Ave - Residential Development Site
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