Log In/Sign Up
Your email has been sent.
1236-1238 1234 SW 4th St 8 Unit Apartment Building $2,561,159 CAD ($320,145 CAD/Unit) 8.98% 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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$290,726
|
$38.80
|
| Other Income |
$6,922
|
$0.92
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$297,648
|
$39.73
|
| Taxes |
$26,240
|
$3.50
|
| Operating Expenses |
$60,499
|
$8.08
|
| Total Expenses |
$86,739
|
$11.58
|
| Net Operating Income |
$210,909
|
$28.15
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $290,726 |
| Annual Per SF | $38.80 |
| Other Income (CAD) | |
|---|---|
| Annual | $6,922 |
| Annual Per SF | $0.92 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $297,648 |
| Annual Per SF | $39.73 |
| Taxes (CAD) | |
|---|---|
| Annual | $26,240 |
| Annual Per SF | $3.50 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $60,499 |
| Annual Per SF | $8.08 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $86,739 |
| Annual Per SF | $11.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $210,909 |
| Annual Per SF | $28.15 |
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 | $8,306 CAD | - |
| 2+1 | 1 | $2,907 CAD | - |
| 3+2 | 1 | $3,738 CAD | - |
| 1+1 | 1 | $2,492 CAD | - |
| Studios | 1 | $2,077 CAD | - |
| 2+1 | 1 | $2,630 CAD | - |
| 1+1 | 1 | $2,077 CAD | - |
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 01-4102-006-4060 | Total Assessment | $1,490,443 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $26,240 CAD ($3.50 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
01-4102-006-4060
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,490,443 CAD (2025)
Annual Taxes
$26,240 CAD ($3.50 CAD/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.