Javier Ubeda | 305-766-1864 | 734 SW 4th St
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Javier Ubeda | 305-766-1864 734 SW 4th St
9 Unit Apartment Building $2,400,000 ($266,667/Unit) Miami, FL 33130
Investment Highlights
- Rare Opportunity to Acquire 9-Unit Apartment Building in Little Havana, Miami
- 40/50 Year Recertification Completed in 2024
- Favorable unit mix 1 three-bedroom and 8 two-bedroom apartments
- Turnkey and fully renovated property
- All units feature central A/C, washer/dryer and stainless steel appliances
Executive Summary
The Porosoff Group at Compass Commercial, as an exclusive listing agent, is pleased to offer for sale 734 SW 4th Street, a 9-unit apartment building located in the highly sought-after Little Havana neighborhood in the City of Miami. 734 SW 4th Street features a significant upside in rental income by executing a value-added renovation strategy.
Little Havana
734 SW 4th Street is located in the Little Havana section of Miami, a short distance from Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment, and nightlife scene. The property is conveniently nestled blocks away from SW 8th Street (Calle Ocho) the cultural epicenter of the Miami Latin Community within walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to the area's high demand for rental units and translates into historically low vacancy rates.
Little Havana
734 SW 4th Street is located in the Little Havana section of Miami, a short distance from Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment, and nightlife scene. The property is conveniently nestled blocks away from SW 8th Street (Calle Ocho) the cultural epicenter of the Miami Latin Community within walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to the area's high demand for rental units and translates into historically low vacancy rates.
Property Facts
Price | $2,400,000 | Apartment Style | Low Rise |
Price Per Unit | $266,667 | Building Class | C |
Sale Type | Investment | Lot Size | 0.17 AC |
No. Units | 9 | Building Size | 4,516 SF |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1924 |
Price | $2,400,000 |
Price Per Unit | $266,667 |
Sale Type | Investment |
No. Units | 9 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 4,516 SF |
No. Stories | 2 |
Year Built | 1924 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 9 | - | - |
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Walk Score ®
Very Walkable (86)
Transit Score ®
Excellent Transit (79)
PROPERTY TAXES
Parcel Number | 01-0203-020-1050 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,380,830 |
PROPERTY TAXES
Parcel Number
01-0203-020-1050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,380,830
zoning
Zoning Code | R-3 |
R-3 |
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Javier Ubeda | 305-766-1864 | 734 SW 4th St
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