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Fully Renovated Duplex
For Sale
$739,000

2135 Sw 4th St, Miami, FL 33135

Two fully renovated units each with a private fenced patio and outdoor space.

Property Size1,544 SF
Price / SF$478.63
Days on Market124

Property Features for 2135 Sw 4th St

General Information

Standard status Active
Size 1,544 SF
Property subtype Residential Income

Amenities

Private fenced patios
Beautiful outdoor space

Building Details

Tenancy Multi
Listing Agency: BEYCOME OF FLORIDA LLC
Listed By: Steven Koleno · License #3469487
Source: Exprealty
Added: Mar 31 Changed: Jul 31 Last Checked: Jul 31 at 3:51AM

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 BEYCOME OF FLORIDA LLC

Investment Insights

Based on property information with market context.

This fully renovated duplex is set up as a two-unit property with each unit configured as a 2 bed / 1 bath layout. The interior and exterior have been updated, supporting a turnkey-ready setup with minimal immediate repair needs. Each unit also features a private fenced patio, giving residents dedicated outdoor space.

The property is located in the Little Havana neighborhood of Miami, Florida. It is offered as a duplex investment opportunity with an investor-friendly layout intended for rental use.

The combination of two separate units, private outdoor space, and recent interior and exterior renovations provides a practical configuration for tenants and an easy-to-operate rental arrangement.

Key Highlights

  • Fully renovated interior and exterior
  • Two‑unit duplex with 2 bed / 1 bath layouts
  • Private fenced patio for each unit

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 $47.2k $30.60
− Vacancy −$3.0k −$1.95
EGI $44.2k $28.65
− OpEx −$13.3k −$8.60
NOI $31.0k $20.06
1,544 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$442.4K
$387.1K – $516.1K (±1% cap)
NOI $30,966 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$407.5K
$356.5K – $475.4K (±1% cap)
NOI $28,523 @ 7.0% cap · market cap 3.86%
Theoretical Best
Specialty Retail
$1.04M
$911.9K – $1.22M (±1% cap)
NOI $72,955 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Butcher Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,661
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two fully renovated units each with a private fenced patio and outdoor space.
Where is this duplex located?
The property is located at 2135 Sw 4th St Miami, FL.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Fully renovated interior and exterior; Two‑unit duplex with 2 bed / 1 bath layouts; Private fenced patio for each unit
More about this property
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