733 NW 4th Ave, Miami, FL 33136

Beds
4
Bath
1
Sqft
1,065

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Listed byWalnut Street Realty Co
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Overview

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.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
4
Number of bathrooms
1
Square feet
1,065
Lot size (acres)
0.06
Year built
1954

Utilities

Heating
Wall Units
Cooling
Wall/window unit(s)
Sewer
Public Sewer
Water
Water

Taxes

Tax Annual Amount (2025)
$8,329

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MIAMI REALTORS MLS MLS®#: A12047283 Last checked:

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.