1 / 401238 SW 4th St, Miami FL 33135
Miami, FL
List Price
$1,850,000
Type
Fourplex
Price reduction
7% below original list — was $1,989,900
From the listing
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.
Property Information
- Units
- 8
- Days on Market
- 319
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33135
- Coordinates
- 25.7694, -80.2153
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
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Why this deal
- 7% off original list price
- Multifamily with 8 units
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
58/100
Fair
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
7.0% off original list (full marks at 25%+).
319 days on market (full marks at 120+ — more time = more leverage).
Soft motivation language (value-add, motivated, tenant-occupied, cash-only).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Equity not yet estimated — no comps available for ARV
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
What a GC / AHJ sees
Permits / condition
We could not match this address to a county parcel, so no permit search was run. This is a limitation of our lookup and says nothing about the property. Verify directly with the building department.
4-point — last permit
- Roofnot checked
- Electricalnot checked
- Plumbingnot checked
- HVACnot checked
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-08-01. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
1238 SW 4th St, Miami FL 33135, Miami, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$1,182,702
Room vs list (above list)
$667,298
Est. equity
-$240,375
-13% of ARV, at list
ROC at list
-11%
Est. all-in at list
$2,090,375
list + rehab + txn + carry
70% rule MAO
$1,277,500
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.