Fourplex with Central
3431-3433 SW 4th St Miami, FL 33135
For Sale
$1,249,000
MULTI_FAMILY - Miami, FL
Property Size3,429 SF
Price / SF$364.25
Days on Market8
Property Features for 3431-3433 SW 4th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 8
- Rooms
- Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 6, Bathroom 5, Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 6
- Parking
- 8
- Security features
- Security
- Patio and Porch features
- Patio
- Exterior features
- Fence, Fruit Trees, Lighting, Patio, Shed, Storm/Security Shutters
- Fencing
- Fenced
- Standard status
- Active
- APN
- 01-41-04-022-1500
- Size
- 3,429 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 4 54 41 KIRKLAND HEIGHTS AMD PB 3-214 LOT 6 BLK 31 LOT SIZE 54.140 X 140 OR 19621-0764 04 2001 1
- Tax Annual Amount
- 15456
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Electric, Ceiling Fan(s), Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1937
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
Xcellence
(866) 595-6025
Listed By:
Milady Cernuda · License #0635090
(786) 486-6549
Added: Jul 16
Changed: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# A12007394
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story fourplex configuration features two units in the main structure (top and bottom) plus two additional apartments in a separate rear building structure. All units have central A/C and separate meters. A coin washer and dryer are provided in a common area for tenants to use. The top unit was remodeled throughout, while the remaining units are described as maintained by long-term tenants who up-keep the apartments in good condition.
The property is located at 3431-3433 SW 4th St in Miami, Florida 33135, within Miami-Dade County. Public remarks indicate the site is in an opportunity zone and that the area is convenient to local destinations, including being down the street from Versailles Restaurant and a few blocks from Coral Gables, Tamiami Trail (8 Street), and Flagler St. Showings are available after Monday, May 11, and 24 hours’ notice is required.
For tenants and operators seeking a small multi-family setup, this layout offers four separate residential units with centralized climate control, individually metered utilities, and on-site coin laundry. The remodel to the top unit and the reported maintenance by long-term tenants may appeal to buyers looking for an owner-managed style of occupancy while keeping operating practices straightforward.
The property is located at 3431-3433 SW 4th St in Miami, Florida 33135, within Miami-Dade County. Public remarks indicate the site is in an opportunity zone and that the area is convenient to local destinations, including being down the street from Versailles Restaurant and a few blocks from Coral Gables, Tamiami Trail (8 Street), and Flagler St. Showings are available after Monday, May 11, and 24 hours’ notice is required.
For tenants and operators seeking a small multi-family setup, this layout offers four separate residential units with centralized climate control, individually metered utilities, and on-site coin laundry. The remodel to the top unit and the reported maintenance by long-term tenants may appeal to buyers looking for an owner-managed style of occupancy while keeping operating practices straightforward.
Key Highlights
- 2‑story duplex configured as a fourplex with 2 units plus a separate back structure containing 2 additional apartments
- All units have central A/C and separate meters
- Coin washer and dryer available in a common area for tenants
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.9k | $30.60 |
| − Vacancy | −$6.7k | −$1.95 |
| EGI | $98.2k | $28.65 |
| − OpEx | −$29.5k | −$8.60 |
| NOI | $68.8k | $20.06 |
3,429 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$982.4K
$859.6K – $1.15M
NOI $68,770 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$904.9K
$791.8K – $1.06M
NOI $63,345 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$2.31M
$2.03M – $2.70M
NOI $162,022 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit property with central air, separate meters, and tenant laundry—offered for sale with showings by appointment.
Where is this quadplex located?
The property is located at 3431-3433 SW 4th St Miami, FL.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: 2‑story duplex configured as a fourplex with 2 units plus a separate back structure containing 2 additional apartments; All units have central A/C and separate meters; Coin washer and dryer available in a common area for tenants
