Multifamily Property Near Calle
For Sale
Contact for pricing
2042 SW 4th St, Miami, FL 33135
Income-generating property with development potential near Brickell.
Property SizeContact for details
Lot Size6,900.00 Acres
Days on Market682
Property Features for 2042 SW 4th St
General Information
Standard status
Active
Lot size
6,900.00 Acres
Property subtype
Multifamily
Occupancy
100%
Building Details
Year Built
1940
Buildings
1
Stories
1
Listing Agency:
LUXE Capital Advisors
Listed By:
Deni S. Alvarez · License #3310315
Source:
Crexi
Added: Oct 2, 2024
Changed: Aug 8
Last Checked: Aug 13 at 7:32AM
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 LUXE Capital Advisors
Investment Insights
Based on property information with market context.
The property is currently rented, generating a gross monthly income of $3,800. Situated on a 6,900 square foot lot, the zoning (T-4R) allows for up to 5 market-rate units by right, or up to 10 units under the City of Miami's attainable mixed-income housing program. The property is eligible for parking reductions due to its location within a transit corridor (quarter-mile radius). Plans for 5 townhouses, each featuring 3 bedrooms and 2.5 bathrooms, are included in the sale and are ready for submission. This property presents a compelling investment opportunity, centrally located within walking distance of Calle Ocho, Publix, and nearby Brickell. Please do not disturb tenants.
Key Highlights
- High‑density development potential: Zoned T‑4R, allowing up to 5 market units by right or 10 units under Miami's attainable housing program.
- Ready‑to‑submit plans for 5 townhouses (3 bed/2.5 bath) included in the sale.
- Significant rental income: Currently generating $3,800 per month.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,642
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Income-generating property with development potential near Brickell.
Where is this multifamily property located?
The property is located at 2042 SW 4th St Miami, FL.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: High‑density development potential: Zoned T‑4R, allowing up to 5 market units by right or 10 units under Miami's attainable housing program.; Ready‑to‑submit plans for 5 townhouses (3 bed/2.5 bath) included in the sale.; Significant rental income: Currently generating $3,800 per month.
