This Multifamily Property is no longer advertised on LoopNet.com.

3237-3253 SW 4th St
Miami, FL 33135
Multifamily Property For Sale · 16 Units

Investment Highlights

  • Prominent locality. Situated in a stable, middle-class residential community in the W. Flagler section of Miami and north Coral Gables.
  • Premium rents with full occupancy. Property’s rents were increased by over 35% from beginning of renovation in early 2021 to January 2022.
  • Walking distance to Publix SuperMarket, headquarters of Intercontinental Bank and MasTec, restaurants Versailles and La Carreta, Auburndale Elementary
  • Completely refurbished. Building and units renovated and upgraded during 2021. Capital improvements approximate $750,000.
  • Walk Score 72 (very walkable), Transit Score 53 (many nearby transportation options). Most errands can be accomplished on foot.
  • Strong and favorable demographic base. Average household income of $70,000. Home values range from $450,000 to $850,000.

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.48 AC
Building Size 9,120 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1925/2021
Parking Ratio 1.25/1,000 SF
Zoning R-1 - Multifamily 10 Units Plus

Amenities

Unit Amenities

  • Cable Ready
  • Security System
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Wi-Fi
  • Intercom
  • Vinyl Flooring

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Security System
  • Car Wash Area
  • Vintage Building
  • Wi-Fi
  • Bicycle Storage
  • Community-Wide WiFi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 $1,925 570

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01-4104-028-0520
  • 01-4104-028-0530
Land Assessment
$364,000
Improvements Assessment
$0
Total Assessment
$2,469,400
  • Listing ID: 24879452

  • Date on Market: 1/20/2022

  • Last Updated:

  • Address: 3237-3253 SW 4th St, Miami, FL 33135

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