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Fourplex - Residential Income 569 SW 4th St 4 Unit Apartment Building $1,425,000 ($356,250/Unit) 5.16% Cap Rate Miami, FL 33130



Investment Highlights
- Within walking proximity to Jose Marti, Ada Merritt, Calle Ocho.
- 4.9% CAP Rate
- Conveniently located just minutes away from downtown Miami
- T4-R zoning
Executive Summary
This 1987 fourplex is situated in the iconic neighborhood of East Little Havana, known for its rich cultural heritage, lively street life, and strong community. The building consists of 2-2 bed 1 bath units & 2- 1bed 1bath units rented at $2,300/month and $2,000/month respectively. Individual electric meter, private parking, roof from 2020. It is walking
proximity to Jose Marti, Ada Merritt, Calle Ocho. Over the years, Little Havana has become a popular destination for both locals and tourists alike, offering a diverse range of
cuisine, music, and cultural events. The neighborhood is also conveniently located just minutes away from downtown Miami, providing residents with easy access to some of
the city's finest dining, shopping, and entertainment options. Little Havana experiences significant growth, both in terms of population and development. The neighborhood has become a hub for young professionals and families, attracted by its affordable housing options and growing job market. As a result, Little Havana has seen a surge in new businesses and community initiatives, further enhancing its reputation as a vibrant and thriving neighborhood. This property is an excellent opportunity for anyone looking to invest in one of Miami's most dynamic neighborhoods. With a strong demand for rental properties and a growing population, this fourplex is a solid investment that is sure to
appreciate in value over time.
proximity to Jose Marti, Ada Merritt, Calle Ocho. Over the years, Little Havana has become a popular destination for both locals and tourists alike, offering a diverse range of
cuisine, music, and cultural events. The neighborhood is also conveniently located just minutes away from downtown Miami, providing residents with easy access to some of
the city's finest dining, shopping, and entertainment options. Little Havana experiences significant growth, both in terms of population and development. The neighborhood has become a hub for young professionals and families, attracted by its affordable housing options and growing job market. As a result, Little Havana has seen a surge in new businesses and community initiatives, further enhancing its reputation as a vibrant and thriving neighborhood. This property is an excellent opportunity for anyone looking to invest in one of Miami's most dynamic neighborhoods. With a strong demand for rental properties and a growing population, this fourplex is a solid investment that is sure to
appreciate in value over time.
Property Facts
| Price | $1,425,000 | Apartment Style | Low-Rise |
| Price Per Unit | $356,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 5.16% | Building Size | 3,520 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | T4-R - Multifamily | ||
| Price | $1,425,000 |
| Price Per Unit | $356,250 |
| Sale Type | Investment |
| Cap Rate | 5.16% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,520 SF |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1/1,000 SF |
| Zoning | T4-R - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (89)
Property Taxes
| Parcel Number | 01-0202-050-1150 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $846,161 |
Property Taxes
Parcel Number
01-0202-050-1150
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$846,161
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Fourplex - Residential Income | 569 SW 4th St
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