733 NW 4th Ave, Miami, FL 33136

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.

Property Details

Bathrooms Full

1

Bathrooms Half

0

Interior Features

First Floor Entry, No Additional Rooms

Appliances

Electric Range, Refrigerator

Flooring

Tile, Vinyl

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Attached, One Story

Garage Spaces

0

Parking Features

Additional Spaces Available

Building & Association

Building Name

MIAMI NORTH

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

2,500

Waterfront

No

View

None

Construction Materials

CBS Construction

Roof

Shingle

Exterior Features

None

New Construction

No

Public Records

Parcel Number

01-01-04-070-1100

Tax Annual Amount

$8,329

Tax Year

2,025

Zoning

6100

County Or Parish

Miami-Dade County

Location