Log In/Sign Up
Your email has been sent.
1236-1238 1234 SW 4th St 8 Unit Apartment Building $1,835,000 ($229,375/Unit) 7.43% Cap Rate Miami, FL 33135
INVESTMENT HIGHLIGHTS
- Heavy foot traffic
- Walking distance to Calle 8 and Hospital District
- Lots of Natural Lights
EXECUTIVE SUMMARY
THE 40-YEAR RECERTIFICATION HAS BEEN SUCCESSFULLY COMPLETED IN 2025
Investor’s Dream! Multifamily property featuring 8 fully rented units in the heart of Little Havana, just steps from the iconic Calle Ocho, and minutes from Brickell, Downtown, and the Health District. This income-producing asset offers strong cash flow with long-term tenants, additional laundry income, impact windows, and a new roof. Prime walkable location with consistent rental demand—don’t miss this rare opportunity! T5-0 zoning in Miami establishes a dynamic, mixed-use environment optimized for walkable urban communities, allowing a wide range of uses by right—including residential, commercial, entertainment, and lodging.
Investor’s Dream! Multifamily property featuring 8 fully rented units in the heart of Little Havana, just steps from the iconic Calle Ocho, and minutes from Brickell, Downtown, and the Health District. This income-producing asset offers strong cash flow with long-term tenants, additional laundry income, impact windows, and a new roof. Prime walkable location with consistent rental demand—don’t miss this rare opportunity! T5-0 zoning in Miami establishes a dynamic, mixed-use environment optimized for walkable urban communities, allowing a wide range of uses by right—including residential, commercial, entertainment, and lodging.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$184,560
|
$24.61
|
| Other Income |
$5,000
|
$0.67
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$189,560
|
$25.27
|
| Taxes |
$18,954
|
$2.53
|
| Operating Expenses |
$30,000
|
$4.00
|
| Total Expenses |
$48,954
|
$6.53
|
| Net Operating Income |
$140,606
|
$18.75
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $184,560 |
| Annual Per SF | $24.61 |
| Other Income | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $0.67 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $189,560 |
| Annual Per SF | $25.27 |
| Taxes | |
|---|---|
| Annual | $18,954 |
| Annual Per SF | $2.53 |
| Operating Expenses | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $4.00 |
| Total Expenses | |
|---|---|
| Annual | $48,954 |
| Annual Per SF | $6.53 |
| Net Operating Income | |
|---|---|
| Annual | $140,606 |
| Annual Per SF | $18.75 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | $3,500 | - |
| 2+1 | 2 | $2,000 | - |
| 3+1 | 1 | $2,700 | - |
| 1+1 | 2 | $1,900 | - |
| Studios | 1 | $1,500 | - |
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 01-4102-006-4060 | Total Assessment | $1,084,140 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $18,954 ($2.53/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
01-4102-006-4060
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,084,140 (2025)
Annual Taxes
$18,954 ($2.53/SF)
Tax Year
2024
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Ugarit Realty
1236-1238 | 1234 SW 4th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.