3532 NW 4th Terrace, Miami, FL 33125 (MLS# A12029712)

3532 NW 4th Terrace, Miami, FL 33125

$650,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12029712

Property Type: Residential Income Square Footage: 2,383 Status: Active

Current Price: $650,000 List Date: 6/02/2026 Last Modified: 7/28/2026

Overview

Description

3532 NW 4 Terrace, a well-maintained duplex in the heart of Flagami, one of Miami’s most stable and workforce-driven rental submarkets. The property features individual water meters, Central Air conditioning, Terrazzo floors, a new roof, and sturdy concrete block construction.Both units are currently leased on a month-to-month basis, offering immediate flexibility for rental increases and value enhancement. With rents below market, investors have a clear path to upside. The building is in excellent condition making this an ideal opportunity for a first-time investor or a buyer seeking durable cash flow without deferred maintenance concerns or near-term 40-year recertification exposure. Located just minutes from Miami International Airport, Coral Gables, and major employment corridors, this asset combines strong in-place fundamentals with straightforward income growth potential in a proven rental location.

Listing Details MLS# A12029712

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 2383
Living Area Main: 1868
Adjusted Area Main: 2007
Year Built: 1964
Parking Total: 7
Lot Size Dimensions: 5,088
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information Flooring: Terrazzo Structure Type: Duplex Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA; Other Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 700000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 3532
Street Direction Prefix: NW
Street Name: 4th
Street Suffix: Terrace
City Name: Miami
Municipal Code: 41
State Or Province: FL
Postal Code: 33125
Postal Code +4: 4051
Postal Zip: 33125
Subdivision Name: TWELFTH ST MANOR
Area: 2410
Elementary School: Kensington Park
Middle Or Junior School: Citrus Grove
High School: Miami
Parcel Number: 0141040231801
Subdivision Number: 23
Zoning: 5700
Flood Zone: X

Financial Information

Tax Annual Amount: 9255
Tax Year: 2025
Tax Legal Description: TWELFTH STREET MANORS PB 5-59 LOT 4 LESS E6FT OF S27FT BLK 24 LOT SIZE IRREGULAR
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-28T18:56:06Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-28T18:56:06Z
Status Change Date: 2026-06-02

More Information

Income and Expenses

Gross Income: 3400

Unit 1 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1191

Unit 1 Lease Description

Lease Term: Month To Month

Unit 1 Parking Details

Carport YN: Yes

Unit 2 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1191

Unit 2 Lease Description

Lease Term: Month To Month

Unit 2 Parking Details

Carport YN: Yes

Price Calculations

Current Price To SqFt: 347.96

Section Details

Parcel Number MLX: 1801

Originating Details

Originating System Key: 503308323
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Terrazzo: Yes

Documents Available

Other Available Information: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

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

Roof

Shingle: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Tax Information

City/County: Yes

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: July - 28 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.