Old Spanish Multifamily
For Sale
Contact for pricing
3237-3253 SW 4th Street, Miami, FL 33135
Old Spanish multifamily built in 1926 offering 16 studio/one-bath units on a double lot.
Property SizeContact for details
Lot Size0.34 Acres
Days on Market126
Property Features for 3237-3253 SW 4th Street
General Information
Standard status
Active
Lot size
0.34 Acres
Property subtype
Multifamily
Additional Details
Opportunity Zone
Yes
Multifamily Units
16
Building Details
Year Built
1926
Construction
Old Spanish
Tenancy
Multi
Listing Agency:
Porosoff Group
(305) 209-8866
Listed By:
Arthur Porosoff · License #3160379
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 2:17PM
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 Porosoff Group
Investment Insights
Based on property information with market context.
This Old Spanish-style multifamily property was built in 1926 and is presented in the remarks as being in amazing condition. The offering includes 16 large studio/one-bath units, with the remarks noting they could be redesigned into one-bedroom units. The property is described as having very little deferred maintenance, and the seller highlights the opportunity to increase rental income. Also included are 3237 SW 4 Street and 3253 SW 4 Street, with the adjacent 7,000-square-foot lot identified as vacant, creating a double-lot setup.
The building is located at 3237–3253 SW 4th Street in Miami, positioned between SW Flagler Street and SW 8th Street, which the remarks describe as major commercial corridors. The property is described as being in the Shenandoah/Gables-adjacent rental submarket and steps from Calle Ocho, with nearby neighborhood commerce referenced throughout. The remarks further state the property is located in an Economic Opportunity Zone and discuss tax-related benefits tied to the zone designation.
The building is located at 3237–3253 SW 4th Street in Miami, positioned between SW Flagler Street and SW 8th Street, which the remarks describe as major commercial corridors. The property is described as being in the Shenandoah/Gables-adjacent rental submarket and steps from Calle Ocho, with nearby neighborhood commerce referenced throughout. The remarks further state the property is located in an Economic Opportunity Zone and discuss tax-related benefits tied to the zone designation.
Key Highlights
- Old Spanish multifamily built in 1926 on a 15,000 SF double lot at 3237 SW 4 Street, Miami, FL
- Income unit mix: 16 studio/1‑bath units described as x‑large, with potential to redesign into 1‑bedroom units
- Additional included property: 3253 SW 4 Street, a vacant 7,000 SF lot next door
Property Analytics
Current Use
Lease Details
16
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,412
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?
Apartment building - Old Spanish multifamily built in 1926 offering 16 studio/one-bath units on a double lot.
Where is this apartment building located?
The property is located at 3237-3253 SW 4th Street Miami, FL.
What are key features of this property?
This property features: Old Spanish multifamily built in 1926 on a 15,000 SF double lot at 3237 SW 4 Street, Miami, FL; Income unit mix: 16 studio/1‑bath units described as x‑large, with potential to redesign into 1‑bedroom units; Additional included property: 3253 SW 4 Street, a vacant 7,000 SF lot next door
