Property Description

A rare opportunity to acquire a renovated income-producing property in the heart of Miami’s rapidly transforming Overtown neighborhood, with exceptional long-term redevelopment upside. The property is ideal for an owner-user or investor and benefits from highly desirable T6-8 O zoning, allowing 8 to 12 stories of development as of right. Even more compelling, under Florida’s Live Local Act, developers may have the ability to match the maximum height and density of nearby Miami Worldcenter properties located within a one-mile radius, creating substantial additional development potential. Directly across the street is The Walker, a $21.4 million workforce housing development being spearheaded by the City’s Southeast Overtown/Park West Community Redevelopment Agency and Krea USA, while adjacent to the property sits the historic People’s BBQ, currently undergoing redevelopment and expected to reopen soon. Comparable development sites nearby with inferior zoning are listed as high as $1.5 million, highlighting the significant land value opportunity. Positioned within one of Miami’s most active urban redevelopment corridors, this property offers immediate cash flow, substantial entitlement upside, and exposure to a neighborhood benefiting from significant public and private investment.

Features
Swimming Pool
Heating System
Cooling System
View
Appliances
Architectural Style
Roof
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33136
Street:
733 Nw 4th Ave, Miami, Florida 33136
Longitude:
W81° 47' 56.1''
Latitude:
N25° 46' 52.8''
MLS Addon
Bathrooms Total:
1
Building Area:
1,065 Sqft
Construction Materials
Cumulative DOM:
69
DOM:
70
Direction Faces:
West
Exterior Features
Flooring
Interior Features
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
01-01-04-070-1100
Subdivision Name:
MIAMI NORTH
Tax Annual Amount:
$8,329
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Residential For Sale

733 Nw 4th Ave, Miami, Florida 33136, Miami, Florida 33136

4 Bedrooms
1 Bathrooms
1,065 Sqft
$899,000
MLS # #A12047283
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Price :
$899,000
Bedrooms :
4
Bathrooms :
1
Square Footage :
1,065 Sqft
Year Built :
1954
Lot Area :
2,500 Sqft
MLS # :
A12047283
Agent info
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