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1142 SW 4th St
Miami, FL 33130
Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Fully Renovated 20-Unit Apartment Building in Little Havana (2024 Certificate of Occupancy)
- Mix of Luxurious (17) One-Bedroom | One-Bathrooms and (3) Two-Bedroom | One-Bathrooms
- Common Area Amenities Include On-Site Laundry and Interior Corridor Hallways
- 6% Cap Rate with Low Operating and Maintenance Expenses following Detailed Renovations
- Vinyl Flooring, New Kitchens & Bathrooms, Stainless Steel Appliances and Impact Windows
- Walking Distance to Sedano’s, Truist, CVS, Loan Depot Park (Marlins) and Planet Fitness
EXECUTIVE SUMMARY
Casa Sol Apartments is a three-story, 20-unit apartment building with 12,848 square feet of living area, a 7,500-square-foot lot originally constructed in 1935, according to the Miami-Dade Property Appraiser. The property was extensively renovated by current ownership and received its new certificate of occupancy in 2024. The unit mix consists of (17) one-bedroom/one-bathroom apartments and (3) two-bedroom/one-bathroom apartments. Units feature vinyl wood-plank flooring, stainless steel appliances, quartz countertops with undermount sinks, custom cabinetry, wall air-conditioning units, new bathrooms and impact windows. The building has interior corridor hallways and a laundry room for residents and guests.
Casa Sol Apartments is located at 1142 SW 4th Street, Miami, FL 33130, just south of West Flagler Street in Miami’s urban core, offering residents exceptional proximity to major employment centers, shopping destinations, and recreational amenities. The property is walkable to CVS Pharmacy, Sedano’s, Truist Bank, and numerous neighborhood retailers, while being a short drive from Downtown Miami, Brickell, Coconut Grove, Coral Gables, and Miami International Airport.
Casa Sol Apartments is located at 1142 SW 4th Street, Miami, FL 33130, just south of West Flagler Street in Miami’s urban core, offering residents exceptional proximity to major employment centers, shopping destinations, and recreational amenities. The property is walkable to CVS Pharmacy, Sedano’s, Truist Bank, and numerous neighborhood retailers, while being a short drive from Downtown Miami, Brickell, Coconut Grove, Coral Gables, and Miami International Airport.
PROPERTY FACTS
| Price Per Unit | $242,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.02% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 10.47 | Building Size | 12,832 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1935/2024 |
| Zoning | T4-R-GENERAL URBAN ZONE - GENERAL URBAN ZONE | ||
| Price Per Unit | $242,500 |
| Sale Type | Investment |
| Cap Rate | 6.02% |
| Gross Rent Multiplier | 10.47 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 12,832 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1935/2024 |
| Zoning | T4-R-GENERAL URBAN ZONE - GENERAL URBAN ZONE |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | - |
PROPERTY TAXES
| Parcel Number | 01-4102-005-4070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,878,420 |
PROPERTY TAXES
Parcel Number
01-4102-005-4070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,878,420
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