$899,000
733 NW 4th Ave, Miami FL 33136
121 days on market
- Bedrooms
- 4
- Bathrooms
- 1
- Living area
- 1,065 sqft
- Price per sqft
- $844
- Type
- Single Family Residence
- Year built
- 1954
- Taxes
- $8,329/yr
- MLS #
- A12047283
About this home
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.
Estimated subtotal
$694/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $694
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33136
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Walnut Street Realty Co
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.