1142 SW 4th St Miami, FL 33130
Turnkey, three-story multifamily featuring 20 renovated apartments with updated plumbing, electrical, roofing, and HVAC systems.
Property Features for 1142 SW 4th St
General Information
- Standard status
- Active
- Size
- 12,848 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1935
Listing office Gala Real Estate Services
Listing date Jun 29, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
The property is located at 1142 SW 4th St in Miami, Florida, on a 7,500 SF lot with a 12,848 SF building. Zoning is listed as T4-R.
This asset is positioned for investors or operators seeking a turnkey multifamily with extensive system-level renovations and a unit mix of one- and two-bedroom apartments. With the property already updated and recertified, new ownership can focus on ongoing operations rather than deferred capital work.
Key Highlights
- Fully renovated 20‑unit multifamily built in 1935 at 1142 SW 4th St, Miami, FL 33130
- Unit mix: 15 one‑bedroom/one‑bath and 5 two‑bedroom/one‑bath apartments in a three‑story building
- 12,848 SF building on a 7,500 SF lot
Local Financial Insights For Apartment 5plus
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 | $462.5k | $36.00 |
| − Vacancy | −$31.0k | −$2.41 |
| EGI | $431.5k | $33.59 |
| − OpEx | −$194.2k | −$15.11 |
| NOI | $237.3k | $18.47 |
