Investor's dream in Little Havana! This corner-lot property offers multiple opportunities! Rehab the existing structure for immediate rental income, redevelop into 4 units by right, or leverage zoning to construct up to 7 workforce housing units. Priced at $599,000, it's a strategic acquisition in a neighborhood where the median listing price is $745,000. The compact size ensures minimized overhead and ease of management. Situated just west of Brickell, the area is experiencing rapid appreciation, with median home prices up 11.2% year-over-year. Proximity to Calle Ocho's cultural hotspots and Downtown Miami enhances its allure. Don't miss this chance to capitalize on this great investment.
Latin Quarter, located between Brickell Avenue and Biscayne Bay, is a residential and cultural Miami neighborhood with mid-rise condos and waterfront promenades. The neighborhood’s character concentrates around the Brickell City Centre complex at S Miami Ave and SW 8th St, where sidewalk patios, galleries, and chef-driven dining keep the streetscape active. Community pillars include the Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami, and HistoryMiami Museum. Architecture leans contemporary, with glass towers set against older low-rise blocks. Bayfront paths and pocket parks shape a walk-and-pause rhythm. Transit nodes and bike lanes tie daily errands to downtown blocks.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Less than quarter-acre lot
Lot approximately 5,000 sq.ft.
Property faces north
Site plan filed
Home design
Other building type
Construction
Zoning code 3901
Utilities
Public water
Public sewer
Financial info
Annual taxes (2025): $8,913
Other
One lot on the parcel
Electricity and solar
View estimated energy costs and solar savings for this home
This is a rare and incredible opportunity to own a corner lot in the prime location of Little Havana. This diamond in the rough can be turned into a great income-producing property. This property will not last long.
Beaches MLS #H10436755
Jul 2, 2018
Listing Removed
—
Mar 19, 2018
Listed
$269,900
MARMLS #A1727411
Dec 21, 2012
Listed
$162,000
Public Records
May 1, 1973
Sold
$28,000
Year
Property tax
Land + Additions
Assessment*
2025
$9,284 (+2,343.3%)
$375,000 + $70,492
$445,492
2024
$380
$375,000 + $70,492
$445,492
2023
$380
2022
$380
2021
$380
2020
$380
2019
$380
2018
$380
2017
$380
2016
$380
2015
$380
2014
$380
2013
$380
2012
$380
$50,000 + $44,401
$94,401
2011
$380
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1920
Finished Sq. Ft.
1,136
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,136
Year built
1920
Style
Single Family Residential
County
Miami-Dade County
APN
0141020064120
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
T4-L
General Urban Transect - Limited Zone
The General Urban Zone consists of a Mixed-Use but primarily residential urban fabric with a range of Building types including rowhouses, small apartment Buildings, and bungalow courts. Setbacks are short with an urban Streetscape of wide Sidewalks and trees in planters. Thoroughfares typically define mediumsized blocks.
Permitted uses
Include but are not limited to:
Religious facility
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Mixed use
Office
Research & development
Recreation
Climate risks
6/10 Flood Factor
Estimated 62-76% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 103° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33135
Average low and high temperatures (°F)
75
60
78
64
81
67
82
73
87
77
89
79
90
80
91
79
88
77
85
76
81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1268 SW 4th St
$548,650
$50K under list price of $599K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $400K to $760K.