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840-858 NW 4th St
Miami, FL 33128
Multifamily Property For Sale
·
9 Units
Executive Summary
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.
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.
Property Facts
| Price Per Unit | $288,889 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 8,312 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1948 |
| Apartment Style | Low-Rise | Parking Ratio | 1.44/1,000 SF |
| Building Class | C | ||
| Zoning | R-3 | ||
| Price Per Unit | $288,889 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 8,312 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | R-3 |
Amenities
Site Amenities
- 24 Hour Access
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
| 3+2 | 3 | - | - |
Property Taxes
| Parcel Number | 01-4138-003-3740 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,760,000 |
Property Taxes
Parcel Number
01-4138-003-3740
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,760,000
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