1238 SW 4th Street, Miami, FL 33135 (MLS# A11841234)

1238 SW 4th Street, Miami, FL 33135

$1,850,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11841234

Property Type: Residential Income Status: Active

Current Price: $1,850,000 List Date: 7/15/2025 Last Modified: 6/17/2026

Overview

Description

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.

Listing Details MLS# A11841234

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Year Built: 1923
Parking Total: 2
Lot Size Dimensions: 7500
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s); Rent Rolls Flooring: Ceramic Tile; Wood Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS Cooling: Central Air; Other Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA; Other Possession: Negotiable Roof: Shingle Tax Information: Tax Reflects No Exemptions Utilities: Cable Available; Sewer Available Showing Requirements: 24 Hour Notice; Appointment Only Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Parking Space Unit 2 Parking Features: On Street Unit 3 Parking Features: On Street Unit 4 Parking Features: On Street

Contract Information

Comp Sale YN: No
Original List Price: 1989900

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1238
Street Direction Prefix: SW
Street Name: 4th
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33135
Postal Zip: 33135
Subdivision Name: Lawrence Estate
Area: 2410
Elementary School: Riverside (Miami-Dade)
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141020064060
Subdivision Number: 6
Zoning: 6101
Flood Zone: X

Financial Information

Tax Annual Amount: 18954
Tax Year: 2024
Tax Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 5 BLK 91 LOT SIZE 7500 SQUARE FEET OR 17841-0411 1097 1

Status Change Information

Major Change Timestamp: 2026-04-14T21:29:23Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-01-12T19:44:32Z
Status Change Date: 2026-04-14

More Information

Income and Expenses

Gross Income: 15400
Net Operating Income: 184800
Total Expenses: 48554

Storm Protection

Impact Glass: Complete

Unit 1 Details

Actual Rent: 6000
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 2700
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 4 Lease Description

Currently Leased YN: Yes

Section Details

Parcel Number MLX: 4060

Originating Details

Originating System Key: 418006674
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Ceramic Tile: Yes
Wood: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes
Rent Rolls: Yes

Structure Type

Multi Family: Yes

Possession

Negotiable: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes
Other: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Parking Features

On Street: Yes

Unit 3 Parking Features

On Street: Yes

Unit 4 Parking Features

On Street: Yes

Listing Office: Ugarit Realty

Last Updated: June - 17 - 2026

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