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1440 SW 4th St 10 Unit Apartment Building $4,232,460 CAD ($423,246 CAD/Unit) 8.61% Cap Rate Miami, FL 33135



Investment Highlights
- 10 unit building
- Completely Remodel
- Operated as a Short Term Business
Executive Summary
A rare opportunity to acquire a fully renovated 10-unit multifamily property together with a successful, operating Airbnb business in one of Miami's fastest-growing investment corridors. This turnkey asset offers immediate cash flow, modern accommodations, and a proven short-term rental operation, making it an ideal investment for buyers seeking both real estate appreciation and strong hospitality income.
Every unit has been completely renovated with high-quality finishes, updated kitchens and bathrooms, modern flooring, impact windows (if applicable), and contemporary furnishings designed to maximize guest satisfaction and rental performance. The property has been meticulously maintained and is ready for a seamless transition to new ownership.
Unlike many investment opportunities, this sale includes not only the real estate but also the established Airbnb operation, allowing the new owner to continue generating revenue from day one without the time and expense of building a hospitality business from scratch.
Strategically located just minutes from Brickell, Downtown Miami, LoanDepot Park, Miami International Airport, Coconut Grove, and major expressways, the property benefits from year-round demand driven by tourism, business travel, sporting events, cruise passengers, and medical visitors.
Every unit has been completely renovated with high-quality finishes, updated kitchens and bathrooms, modern flooring, impact windows (if applicable), and contemporary furnishings designed to maximize guest satisfaction and rental performance. The property has been meticulously maintained and is ready for a seamless transition to new ownership.
Unlike many investment opportunities, this sale includes not only the real estate but also the established Airbnb operation, allowing the new owner to continue generating revenue from day one without the time and expense of building a hospitality business from scratch.
Strategically located just minutes from Brickell, Downtown Miami, LoanDepot Park, Miami International Airport, Coconut Grove, and major expressways, the property benefits from year-round demand driven by tourism, business travel, sporting events, cruise passengers, and medical visitors.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,232,460 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $423,246 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 8.61% | Building Size | 3,783 SF |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1947/2023 |
| Property Subtype | Apartment | ||
| Zoning | T4-L - Limited commercial and multifamily-residential use including lodging uses allowed. | ||
| Price | $4,232,460 CAD |
| Price Per Unit | $423,246 CAD |
| Sale Type | Investment |
| Cap Rate | 8.61% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,783 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2023 |
| Zoning | T4-L - Limited commercial and multifamily-residential use including lodging uses allowed. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
| 1+1 | 1 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-4102-006-4490 | Total Assessment | $1,975,148 CAD |
| Land Assessment | $793,586 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,181,562 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
01-4102-006-4490
Land Assessment
$793,586 CAD
Improvements Assessment
$1,181,562 CAD
Total Assessment
$1,975,148 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1440 SW 4th St
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