Homes for sale in Miami
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Income/MultiFamily
840 NW 4th St
Miami, FL 33128
$2,600,000
- Year built
- 1948
Listing courtesy of Christopher Carbonell, Fausto Commercial Realty Consultants Inc
About this home
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 rare unit mix 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 land fundamentals, meaningful 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.
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 rare unit mix 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 land fundamentals, meaningful 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.
Position yourself ahead of the next wave of Little Havana development.
Details
Property
- Type
- Income/MultiFamily
- Year built
- 1948
- Lot size
- 15,000 sq ft
- County
- Miami-Dade County
- Flood zone
- AE
Interior
- Flooring
- Tile
- Cooling
- Central Individual A/C, Wall/Window Unit(s)
- Heating
- Central Electric, Central Building A/C, Wall/Window Units
Exterior and parking
- Construction
- Concrete Block Construction
Community and fees
- Security
- Smoke Alarm, Smoke Detector(s)
- Terms
- All Cash, Conventional/Refinance, Exchange
- Lease term
- Month To Month
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated June 3, 2026.