Fourplex with Central
3431-3433 SW 4th St, Miami, FL 33135
- Added:
- Jun 18, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 1 at 7:06 pm
Property Features for 3431-3433 SW 4th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 5, Bathroom 6, Bedroom 8, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 3
- Parking
- 8
- Security features
- Security
- Patio and Porch features
- Patio
- Exterior features
- Fence, Fruit Trees, Lighting, Patio, Shed, Storm/Security Shutters
- Fencing
- Fenced
- Standard status
- Active Under Contract
- APN
- 01-41-04-022-1500
- Size
- 3,429 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 4 54 41 KIRKLAND HEIGHTS AMD PB 3-214 LOT 6 BLK 31 LOT SIZE 54.140 X 140 OR 19621-0764 04 2001 1
- Tax Annual Amount
- 15456
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Ceiling Fan(s), Window Unit(s), Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1937
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
Listing agent Milady Cernuda License #0635090 (786) 486-6549
Listing office Xcellence 7700 N Kendall Drive Suite 711, Miami, FL (866) 595-6025
Listing date Jun 18, 2026
MLS# A12007394
Listing URL
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.
HighLights
- 2‑story duplex configured as a 4‑unit setup: top unit, bottom unit, plus 2 separate apartments in a rear grandfather‑in structure
- Top unit remodeled throughout; long‑term tenants in place and tenants help maintain units in good condition
- All units have central A/C with separate meters; wall/window and electric HVAC options listed
- Coin washer and dryer available in a common area for tenants to use
- Block construction with shingle roof; fenced exterior with patio and shed; storm/security shutters and exterior lighting
- Public water and public sewer; cable available for utilities
Overview
This two-story fourplex configuration features two units in the main structure (top and bottom) plus two additional apartments in a separate rear building structure. All units have central A/C and separate meters. A coin washer and dryer are provided in a common area for tenants to use. The top unit was remodeled throughout, while the remaining units are described as maintained by long-term tenants who up-keep the apartments in good condition.
The property is located at 3431-3433 SW 4th St in Miami, Florida 33135, within Miami-Dade County. Public remarks indicate the site is in an opportunity zone and that the area is convenient to local destinations, including being down the street from Versailles Restaurant and a few blocks from Coral Gables, Tamiami Trail (8 Street), and Flagler St. Showings are available after Monday, May 11, and 24 hours’ notice is required.
For tenants and operators seeking a small multi-family setup, this layout offers four separate residential units with centralized climate control, individually metered utilities, and on-site coin laundry. The remodel to the top unit and the reported maintenance by long-term tenants may appeal to buyers looking for an owner-managed style of occupancy while keeping operating practices straightforward.
The property is located at 3431-3433 SW 4th St in Miami, Florida 33135, within Miami-Dade County. Public remarks indicate the site is in an opportunity zone and that the area is convenient to local destinations, including being down the street from Versailles Restaurant and a few blocks from Coral Gables, Tamiami Trail (8 Street), and Flagler St. Showings are available after Monday, May 11, and 24 hours’ notice is required.
For tenants and operators seeking a small multi-family setup, this layout offers four separate residential units with centralized climate control, individually metered utilities, and on-site coin laundry. The remodel to the top unit and the reported maintenance by long-term tenants may appeal to buyers looking for an owner-managed style of occupancy while keeping operating practices straightforward.
Local 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 | $104.9k | $30.60 |
| − Vacancy | −$6.7k | −$1.95 |
| EGI | $98.2k | $28.65 |
| − OpEx | −$29.5k | −$8.60 |
| NOI | $68.8k | $20.06 |
3,429 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$982.4K
$859.6K – $1.15M
NOI $68,770 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$904.9K
$791.8K – $1.06M
NOI $63,345 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$2.31M
$2.03M – $2.70M
NOI $162,022 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.251893
- Latitude
- 25.7686
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property with central air, separate meters, and tenant laundry—offered for sale with showings by appointment.
Where is this quadplex located?
The property is located at 3431-3433 SW 4th St Miami, FL.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: 2‑story duplex configured as a 4‑unit setup: top unit, bottom unit, plus 2 separate apartments in a rear grandfather‑in structure; Top unit remodeled throughout; long‑term tenants in place and tenants help maintain units in good condition; All units have central A/C with separate meters; wall/window and electric HVAC options listed
