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2900 SW 4th St 2 Unit Apartment Building $960,000 ($480,000/Unit) 6.65% Cap Rate Miami, FL 33135
Executive Summary
Rents are currently below market—an additional $300-$500 per unit could be added
Discover an exceptional investment opportunity with this income-producing multifamily property, ideally situated on a prime corner lot just steps from Miami Dade College Campus and Little Havana. Generating $6,450 in monthly rent, this fully updated asset now features a brand-new roof, adding even more value and peace of mind for investors. Each unit has been modernized with sleek white-and-gray kitchens, stainless steel appliances, new flooring, and updated plumbing. Impact-resistant windows and doors provide enhanced security and energy efficiency, while ample on-site parking adds convenience for tenants. Don’t miss out on this turnkey, high-demand investment opportunity in one of Miami’s fastest-growing rental corridors!
Discover an exceptional investment opportunity with this income-producing multifamily property, ideally situated on a prime corner lot just steps from Miami Dade College Campus and Little Havana. Generating $6,450 in monthly rent, this fully updated asset now features a brand-new roof, adding even more value and peace of mind for investors. Each unit has been modernized with sleek white-and-gray kitchens, stainless steel appliances, new flooring, and updated plumbing. Impact-resistant windows and doors provide enhanced security and energy efficiency, while ample on-site parking adds convenience for tenants. Don’t miss out on this turnkey, high-demand investment opportunity in one of Miami’s fastest-growing rental corridors!
Property Facts
| Price | $960,000 | Apartment Style | Low-Rise |
| Price Per Unit | $480,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 6.65% | Building Size | 1,897 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | 5700 - T4-R | ||
| Price | $960,000 |
| Price Per Unit | $480,000 |
| Sale Type | Investment |
| Cap Rate | 6.65% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 1,897 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
| Zoning | 5700 - T4-R |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 3+2 | 1 | - | - |
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 01-4104-016-0040 | Improvements Assessment | $204,770 |
| Land Assessment | $313,088 | Total Assessment | $517,858 |
Property Taxes
Parcel Number
01-4104-016-0040
Land Assessment
$313,088
Improvements Assessment
$204,770
Total Assessment
$517,858
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2900 SW 4th St
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