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34180409
34180410

733 Northwest 4th Avenue, Miami, FL 33136

AB
Walnut Street Realty Co
Listed by Walnut Street Realty Co
$899,000
8 days on market
Updated 8 days ago
Opportunity zone

733 Northwest 4th Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,065
Tenancy Vacant
Class D
Year Built 1954
Zoning T6-8-O
Parking Spaces 3 spaces
Parking per 1,000 SqFt 2.82
Investment Type Redevelopment

Prime T6-8-O Development Opportunity next to Miami WorldCenter

Marketing 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.

Investment highlights

  • Prime development opportunity by Miami WorldCenter.
  • Existing 4-bedroom, 1-bath residence provides holding income potential while planning future redevelopment.
  • T6-8-O zoning offers flexibility for qualifed redevelopment opportunities
  • Located within minutes of Downtown Miami, Brickell, Miami WorldCenter, Brightline, Jackson Memorial Hospital and major expressways.
  • Strong urban infill location in one of Miami's fastest-evolving neighborhoods.
  • Ideal for developers, investors, or buyers seeking long-term appreciation in Miami's urban core.
  • Excellent access to employment centers, transit, entertainment, and cultural destinations.

Listing Contacts

AB
Walnut Street Realty Co
Listed by Walnut Street Realty Co

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Zoning

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T6-8-O MixedMixed UseUrban Core Transect Open
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Arthur Bartholomew
License
3244033
Brokerage
Walnut Street Realty Co
Brokerage Phone
954-271-2640
Title
Broker of Record
Brokerage Address
529 W 41st Street, 106, Miami Beach, FL 33140
Name
Arthur Bartholomew
License
3244033
Brokerage
Walnut Street Realty
Brokerage Phone
9542712640
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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