Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sweetwater Multifamily Investment Opportunity Title is generated by Realmo AI

    10805 SW 4th St, Sweetwater, FL 33174

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Four-unit multifamily property in Sweetwater with long-term tenants.

    Type:Multifamily
    Property size:
    3,708 SF
    Price / SF:
    $431/SF
    Added:
    Dec 5, 2024
    Days on Market:
    529
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 10805 SW 4th St

    General Information

    Standard status
    Active
    Size
    3,708 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Gabriela Rodino
    Gabriela Rodino

    Listing agent Gabriela Rodino License #3375414

    Listing office Gabriela Rodino Group

    Listing date Dec 5, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Gabriela Rodino Group

    HighLights

    • Multifamily property featuring 4 units.
    • Located in Sweetwater, near Florida International University.
    • Long‑term tenants in place (over 10 years).
    • Substantial building area (over 3600 sq ft).
    • Great investment opportunity or owner‑occupancy potential.
    • Year Built: 1984

    Overview

    This multifamily property features four units and is situated in Sweetwater, a primarily residential area located just north of Florida International University. The building has a total area of over 3600 square feet. The property is occupied by long-term tenants who have been in place for over 10 years. The gross operating income is $10,100 and the net operating income is $8,048. This property presents an investment opportunity, or the option to reside in one unit while renting out the remaining units. The property size is 3708 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sweetwater
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3566
    Latitude
    25.7624

    Nearby Similar for Sale

    • $839,000
      1,710 SF

      Sweetwater Industrial Corner Unit

      Corner industrial unit with showroom, office, and warehouse space.
      2451 NW 109th Ave, Sweetwater, FL 33172
      View Details
    • $112,900

      Established Beauty Salon in Sweetwater

      Well-equipped beauty salon in high-traffic Miami area, low rent.
      11400 W FLAGLER ST, Sweetwater, FL 33174
      View Details
    • $39,999

      Established Tobacco Shop in Sweetwater

      Turnkey tobacco shop with high sales volume in Sweetwater.
      Established Smoke Shop Turnkey Operation, Sweetwater, FL 33174
      View Details
    • $150,000

      Profitable Spa and Salon Business

      Fully operational spa and salon in Sweetwater, Florida for sale.
      1470 NW 107th Ave, Sweetwater, FL 33172
      View Details
    • $11,700,000

      Sweetwater Condominium Investment Opportunity

      31-unit condominium near FIU with redevelopment potential.
      10904 SW 2nd, Sweetwater, FL 33174
      View Details
    • $45,000

      Sweetwater Beauty Salon For Sale

      Full-service beauty salon for sale in Sweetwater, Florida.
      Full-service Beauty Salon For Sale In Sweetwater, Sweetwater, FL 33174
      View Details
    • $1,295,000

      Remodeled Sweetwater Condominium with Showroom

      Remodeled condominium with warehouse, office, and showroom space.
      Sweetwater, FL 33172
      View Details
    • $130,000

      Sweetwater, FL Shopping Center Opportunity

      Shopping center available for immediate operation in Sweetwater, Florida.
      W Flagler St, Sweetwater, FL 33174
      View Details
    • $4,999,999
      3,712 SF

      Retail Spaces Near FIU Campus

      Five retail spaces totaling 3,712 SF near FIU.
      300 SW 107th Ave # 107, Sweetwater, FL 33174
      View Details
    • $4,999,999
      3,712 SF

      Retail Space Near FIU Campus

      Five retail units totaling 3,712 SF near FIU.
      300 SW 107th Ave Unit 103-104-, Sweetwater, FL 33174
      View Details
    • $2,770,000
      4,280 SF

      Retail/Office Suite Shell Space

      Shell space retail/office suite ready for custom buildout.
      1695 NW 110th Ave Unit 100, Sweetwater, FL 33172
      View Details
    • $112,900

      Established Beauty Salon in Sweetwater

      Well-established beauty salon in a high-traffic Miami area.
      11400 W FLAGLER ST, Sweetwater, FL 33174
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Sweetwater with long-term tenants.
    Where is this quadplex located?
    The property is located at 10805 SW 4th St Sweetwater, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Multifamily property featuring 4 units.; Located in Sweetwater, near Florida International University.; Long‑term tenants in place (over 10 years).
    (305) 338-5355 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gabriela Rodino
    Gabriela Rodino
    Real Estate License ID: 3375414
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10805 SW 4th St, Sweetwater, FL 33174
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!