For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Four-Unit Multifamily Property Title is generated by Realmo AI

    3524 NW 4th Ter, Miami, FL 33125

    View on Map
    Claim this Listing
    For Sale
    $1,399,000

    MULTI_FAMILY - Miami, FL

    Property size:
    4,350 SF
    Price / SF:
    $321/SF
    Added:
    Mar 12, 2026
    Days on Market:
    113
    Last Refresh:
    Jul 2 at 6:06 am

    Property Features for 3524 NW 4th Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 7, Bedroom 8, Bathroom 2, Bathroom 8, Bedroom 2, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 3
    Parking
    6
    Security features
    Security
    Exterior features
    Balcony, Security/High Impact Doors
    Standard status
    Active
    APN
    01-41-04-023-1800
    Size
    4,350 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    TWELFTH STREET MANORS PB 5-59 E6FT OF S27FT OF LOT 4 & ALL LOT 5 LESS N5FT OF LOT 5 FOR R/W BLK 24 LOT SIZE 5162 SQ FT OR 18267-3665 0898 3
    Tax Annual Amount
    12319

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1988
    Floors in Building
    2
    Flooring type
    Tile - Ceramic, Hardwood, Wood
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Contact an agent
    Monica Benitez

    Listing agent Monica Benitez License #3180234

    Listing office Xcellence Realty 7700 N Kendall Drive Suite 711, Miami, FL

    Listing date Mar 12, 2026

    MLS# A11981519 Listing URL

    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.

    HighLights

    • 4‑unit multifamily property in the heart of Miami with long‑term tenants and month‑to‑month occupancy.
    • New impact windows and doors and security/high impact doors; exterior includes block construction.
    • Roof is approximately 4 years old; shingle roof.
    • Central heating and central air with electric heating/cooling; in‑unit laundry.
    • Parking included; yard area.
    • Utilities include 2 meters; public sewer and cable available.

    Overview

    This four-unit multifamily property is configured as a quadplex and includes several practical updates and on-site amenities. The home features new impact windows and impact doors, and the roof is approximately four years old. Each unit is supported by in-unit laundry, and the property includes parking along with a yard area for outdoor use. The building is served by two meters, supporting separate utility measurement across the property.

    Located in Miami-Dade County, the asset sits at 3524 NW 4th Ter in Miami, Florida. The current operating profile includes long-term tenants, with units reported as month-to-month. The listing also notes that current rents are below market, which may be relevant for buyers evaluating current income versus potential adjustments.

    For investors or owner-operators seeking a small-scale residential income building, this quadplex offers a straightforward unit count with consistent in-unit laundry and multiple meter service. The combination of recent weather-protection upgrades (impact windows and doors) and a relatively newer roof can be beneficial for ongoing property maintenance planning. Prospective buyers should review the lease terms and tenant documentation closely, particularly given the month-to-month structure reported for current occupants.

    Local 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 $133.1k $30.60
    − Vacancy −$8.5k −$1.95
    EGI $124.6k $28.65
    − OpEx −$37.4k −$8.60
    NOI $87.2k $20.06
    4,350 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.25M
    $1.09M – $1.45M (±1% cap)
    NOI $87,242 @ 7.0% cap · market cap 6.24%
    Second Best
    Apartment 5plus
    $1.15M
    $1.00M – $1.34M (±1% cap)
    NOI $80,359 @ 7.0% cap · market cap 5.74%
    Theoretical Best
    Specialty Retail
    $2.94M
    $2.57M – $3.43M (±1% cap)
    NOI $205,539 @ 7.0% cap · market cap 14.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.25317
    Latitude
    25.776651

    FAQs

    What type of property is this?
    Quadplex - Four-unit income property with impact windows and doors, in-unit laundry, parking, and a yard area.
    Where is this quadplex located?
    The property is located at 3524 NW 4th Ter Miami, FL.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: 4‑unit multifamily property in the heart of Miami with long‑term tenants and month‑to‑month occupancy.; New impact windows and doors and security/high impact doors; exterior includes block construction.; Roof is approximately 4 years old; shingle roof.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message