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10-Unit Renovated Apartment Building

1440 SW 4th St, Miami, FL 33135

For Sale
New
$2,950,000

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market5

Property Features for 1440 SW 4th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 3901
Parking features On Street
Subdivision 41
Standard status Active
APN 01-41-02-006-4490
Lot size 0.17 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2025
Tax Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 6 BLK 93 LOT SIZE 7500 SQUARE FEET COC 23675-1650 08 2005 1
Tax Annual Amount 27983
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 6 BLK 93 LOT SIZE 7500 SQUARE FEET COC 23675-1650 08 2005 1

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Wall/Window Unit(s), Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1947
Floors in Building 1
Number of units 10
Flooring type Laminate
Building materials Block
Roof type Concrete
Buildings 1
Listing Agency: Keller Williams Capital Realty · Keller Williams Realty
Listed By: Ricky Kallabat PA · License FL #3254287
Added: Nov 5 Last Checked: Nov 9 at 7:06PM
MLS# A12117943

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.

Rey
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Investment Insights

Based on property information with market context.

This 10-unit apartment property in Miami includes nine one-bedroom apartments and one two-bedroom apartment. Improvements include PVC plumbing, updated kitchens and bathrooms, and a recent roof replacement. The building has 11 FPL meters: one for each apartment and a master meter. An operating short-term rental business is included; buyers should independently confirm zoning, permitted uses, occupancy, and whether applicable operating rights can transfer. The stated cap rate is above 8% based on provided financials and is subject to buyer verification.

The property occupies 0.1722 acres at 1440 SW 4th St. LoanDepot Park, Brickell, Downtown Miami, major highways, dining, and entertainment are identified as nearby destinations.

Key Highlights

  • 10 apartments: nine 1‑bedroom units and one 2‑bedroom unit
  • Existing short‑term rental business included; transferability of operating rights requires buyer verification
  • Reported cap rate exceeds 8%, subject to buyer verification

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

10
Residential units
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,900
Businesses Nearby

Demographics for 33135, FL

36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Miami, FL

$465 Jul
$462 Aug
$455 Sep
$438 Oct

Properties on Market for Apartment buildings in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A nine-unit one-bedroom and one-unit two-bedroom mix is paired with an existing short-term rental business.
Where is this apartment building located?
The property is located at 1440 SW 4th St Miami, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 10 apartments: nine 1‑bedroom units and one 2‑bedroom unit; Existing short‑term rental business included; transferability of operating rights requires buyer verification; Reported cap rate exceeds 8%, subject to buyer verification
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