734 SW 4th St - Apartments FOR SALE


Miami, FL 33130- Little Havana
$2,190,000 USD
305-209-8866
734 SW 4th St, Miami, FL for Sale
$2,190,000 USD
Apartments - FOR SALE
1/17
null | 6.01% Cap Rate

734 SW 4th St
Miami, FL 33130
Little Havana


HIGHLIGHTS

  • Rare Opportunity to Acquire 9-Unit Apartment Building in Little Havana, Miami
  • Turnkey and fully renovated property
  • 40/50 Year Recertification Completed in 2024
  • Fully Occupied and Actual 6.00% Cap Rate
  • All units feature central A/C, washer/dryer and stainless steel appliances
  • Favorable unit mix 1 three-bedroom and 8 two-bedroom apartments

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,190,000 USD

PRICE/SF

$485 USD /SF

# OF UNITS

9

PRICE/UNIT

$243,333

CAP RATE

6.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Javier Ubeda | 305-766-1864

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

T4-R

APN/PARCEL ID

01-0203-020-1050

ASK ABOUT THIS PROPERTY

Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.