• Property Type
  • Single Family Residence, Residential
  • 4
  • Bedrooms
  • 1
  • Bathroom
  • 1065 sqft
  • Area Size
  • 1954
  • Year Built
733 NW 4th Avenue, Miami, FL 33136
  • $899,000

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.

  • Address: 733 NW 4th Avenue
  • City: Miami
  • State/County: FL
  • Zip/Postal Code: 33136

Details

Updated on September 23, 2026 at 12:11 pm
  • MLS # A12047283
  • Price $899,000
  • Property Size 1065 sqft
  • Land Area 0.06 sqft
  • Bedrooms 4
  • Bathroom 1
  • Garage Size x x
  • Year Built 1954
  • Property Status Active
  • Office Name Walnut Street Realty Co
  • Agent Name Arthur Bartholomew

Additional Details

  • Listing Terms Cash, 1031 Exchange, FHA, Other
  • Roof Shingle
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnace
  • Flooring Tile, Vinyl
  • County Miami-Dade
  • Property Type Residential
  • Elementary School Frederick Douglass
  • Middle School Jose De Diego
  • High School Booker T. Washington

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