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2140 NW 1st Ter 4 Unit Apartment Building $947,744 CAD ($236,936 CAD/Unit) 10% Cap Rate Miami, FL 33125



Investment Highlights
- 4-Plex near Miami Marlins Baseball Stadium
Executive Summary
Fully remodeled Quadplex (4-PLEX) featuring four 1BR/1BA residences in a highly central Miami location near Flagler Street and major employment hubs like Brickell & Miami's Downtown. This income-producing 4-unit multifamily property offers modern finishes, flexible living options, and excellent rental potential for investors or owner-occupants alike. 3 Units are occupied paying $1700 and $1750/mo. 1 Unit is vacant and easy to see! Also has an entrance in the rear of the property on NW 1 ST, its a double lot. Each unit features open-concept living areas, tile flooring throughout, abundant natural light, central A/C, yard area, modern kitchens with quality countertops, newer appliances, and custom cabinetry. Separate entrances provide added privacy and functionality. Decent sized parking area accommodates multiple vehicles, work trucks, or commercial-use parking needs. Centrally located minutes from Downtown Miami, Brickell, Little Havana, major highways, shopping, dining, and entertainment. Excellent opportunity to own a versatile multifamily property in a high-demand rental market. Tenants pay for all utilities. 2 Water Meters, 2 Electric Meters. This property should produce $7,000/mo.
Property Facts
| Price | $947,744 CAD | Building Class | C |
| Price Per Unit | $236,936 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,348 SF |
| Cap Rate | 10% | No. Stories | 1 |
| No. Units | 4 | Year Built | 1951 |
| Property Type | Multifamily | Parking Ratio | 3.29/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | 5700 - ¤SUPERIOR PARK | ||
| Price | $947,744 CAD |
| Price Per Unit | $236,936 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,348 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Parking Ratio | 3.29/1,000 SF |
| Zoning | 5700 - ¤SUPERIOR PARK |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-4103-009-0420 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $465,417 CAD |
Property Taxes
Parcel Number
01-4103-009-0420
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$465,417 CAD
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2140 NW 1st Ter
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