Duplex with Impact
New
For Sale
$1,145,000
11021 SW 4th St, Sweetwater, FL 33174
MULTI_FAMILY - Sweetwater, FL
Property Size3,156 SF
Lot Size0.32 Acres
Price / SF$362.80
Days on Market5
Property Features for 11021 SW 4th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
7
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5
Parking
6
Subdivision
SWEETWATER GROVES .14 AC
Lot features
< 1/4 Acre
Standard status
Active
APN
25-40-06-001-1196
Size
3,156 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
6 54 40 .32 AC SWEETWATER GROVES PB 8-50 E100FT OF W510FT OF S1/2 OF LOT 4 BLK 21 LOT SIZE 100.000 X 140 OR 12094-2234 0384 1
Tax Annual Amount
10959
Legal Description
6 54 40 .32 AC SWEETWATER GROVES PB 8-50 E100FT OF W510FT OF S1/2 OF LOT 4 BLK 21 LOT SIZE 100.000 X 140 OR 12094-2234 0384 1
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Amenities
terrace
yard access
impact windows
Building Details
Year built
1954
Floors in Building
2
Roof type
Shingle, Concrete
Listing Agency:
Douglas Elliman
(305) 677-5000
Listed By:
Mariangela Jattin · License #3456702
(786) 203-6277
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 4 at 7:06PM
MLS# A12063467
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 duplex offers two separate living setups with outdoor space. The left side is a one-story unit featuring three bedrooms, two bathrooms, an oversized terrace, and yard access. The right side is a two-story unit with four bedrooms, three bathrooms, impact windows, a large terrace, and yard access. Heating is central and cooling is central air. The property was built in 1954.
The home sits on a 14,000 SF lot with 3,116 SF of space. The roof includes shingle and concrete materials, and utilities include cable available. The property uses a septic tank. It is described as being within walking distance of FIU.
With two distinct units and direct yard/terrace access from each side, the layout supports a flexible tenant configuration across the one-story and two-story portions.
The home sits on a 14,000 SF lot with 3,116 SF of space. The roof includes shingle and concrete materials, and utilities include cable available. The property uses a septic tank. It is described as being within walking distance of FIU.
With two distinct units and direct yard/terrace access from each side, the layout supports a flexible tenant configuration across the one-story and two-story portions.
Key Highlights
- 14,000 SF lot with 3,116 SF duplex building
- Left side: one‑story unit with 3 bedrooms, 2 bathrooms, oversized terrace and yard access
- Right side: two‑story unit with 4 bedrooms, 3 bathrooms, impact windows, large terrace and yard access
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 | $79.5k | $25.20 |
| − Vacancy | −$4.4k | −$1.39 |
| EGI | $75.2k | $23.81 |
| − OpEx | −$22.5k | −$7.14 |
| NOI | $52.6k | $16.67 |
3,156 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$751.6K
$657.6K – $876.8K
NOI $52,610 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$693.4K
$606.7K – $809.0K
NOI $48,537 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,082 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,585
Businesses Nearby
Explore this area
Business Placement
Demographics for 33174, FL
32,962
Population
11,474
Households
2.9
Avg Household Size
42
Median Age
29%
College-Educated
75%
High-School Grad
3.1 sq mi
ZIP Area
10,633
Density / Sq Mi
$59,599
Median Household Income
$30,210
Median Earnings
$1,786
Median Rent
$379,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with central HVAC, yard access, and impact windows on the second-story unit.
Where is this duplex located?
The property is located at 11021 SW 4th St Sweetwater, FL.
What is the asking price?
The asking price for this property is $1,145,000.
What are key features of this property?
This property features: 14,000 SF lot with 3,116 SF duplex building; Left side: one‑story unit with 3 bedrooms, 2 bathrooms, oversized terrace and yard access; Right side: two‑story unit with 4 bedrooms, 3 bathrooms, impact windows, large terrace and yard access
