East Little Havana
For Sale
$1,325,000
569 SW 4th St, Miami, FL 33130
Fourplex in vibrant East Little Havana neighborhood.
Property Size3,238 SF
Price / SF$409.20
Days on Market520
Property Features for 569 SW 4th St
General Information
Standard status
Active
Size
3,238 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$15,541
Building Details
Year Built
1987
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 748-7373
Listed By:
Antonio Saladrigas · License #3502121
(786) 378-1850
Source:
Exitrealty
Added: May 13, 2025
Changed: Sep 10
Last Checked: Sep 15 at 5:55AM
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 Fausto Commercial Realty Consultants Inc
Investment Insights
Based on property information with market context.
This fourplex, constructed in 1987, is located in East Little Havana, a neighborhood known for its cultural heritage and community atmosphere. The building contains two units with two bedrooms and one bathroom, and two units with one bedroom and one bathroom. The two-bedroom units are rented at $2,300 per month, while the one-bedroom units are rented at $2,000 per month. The property includes individual electric meters, private parking, and a roof that was replaced in 2020.
Key Highlights
- Located in the iconic East Little Havana neighborhood.
- Consists of two 2‑bed 1‑bath units and two 1‑bed 1‑bath units.
- Rental income of $2,300/month (2‑bed units) and $2,000/month (1‑bed units).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,940
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,800
$1.3M
Cap Rate 7%
$927,714
$927.7K
Cap Rate 9%
$721,556
$721.6K
Market Conditions
NOI Build-Up for 3,238 SF
Gross rent
$99.1K $30.60/SF
− Vacancy
−$6.3K −$1.95/SF
EGI
$92.8K $28.65/SF
− OpEx
−$27.8K −$8.60/SF
NOI
$64.9K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,800
Cap Rate 7%
$927,714
Cap Rate 9%
$721,556
Alternative Uses
Best Use
Multifamily LT 5
$927.7K
$811.8K – $1.08M
NOI $64,940 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$854.5K
$747.7K – $997.0K
NOI $59,817 @ 7.0% cap · market cap 4.51%
Theoretical Best
Specialty Retail
$2.19M
$1.91M – $2.55M
NOI $152,997 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
9,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex in vibrant East Little Havana neighborhood.
Where is this quadplex located?
The property is located at 569 SW 4th St Miami, FL.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Located in the iconic East Little Havana neighborhood.; Consists of two 2‑bed 1‑bath units and two 1‑bed 1‑bath units.; Rental income of $2,300/month (2‑bed units) and $2,000/month (1‑bed units).
