Investor’s Dream – Fully Renovated & Fully Leased 20-Unit Building in Prime Little Havana
Property Highlights
Address: 1142 SW 4th St, Miami, FL 33130
Asking Price: $4,995,000
Units: 20 (17 One-Bedroom / 1 Bath + 3 Two-Bedroom / 1 Bath)
Lot Size: 7,500 SF
Building Size: 12,848 SF
Year Built: 1935 (Completely Renovated in 2024)
Zoning: T4-R
CAP Rate: 6.84%
NOI: $324,719
Price per Unit: $249,750
Price per SF: $389
Occupancy: 100% Leased
Description
Discover an outstanding turnkey investment opportunity in Little Havana, one of Miami’s most dynamic and high-demand rental markets. This fully leased, 20-unit multifamily building has undergone a complete renovation in 2024, blending modern upgrades with classic architectural charm.
All work was performed with permits and professional oversight, including:
New plumbing and electrical systems
New roof
New impact windows
New kitchens and bathrooms
New floors and modern appliances
New AC units
Completed 40+10 year re-certification
Location
Ideally located just minutes to Downtown Miami, Brickell, Coral Gables, and Miami International Airport. Walking distance to the vibrant Calle Ocho with its restaurants, cafes, and cultural attractions.
Little Havana’s cultural richness and ongoing development ensure strong rental demand and long-term appreciation potential.