Two-Story Duplex with Back
3431-3434 SW 4th St Miami, FL 33135
For Sale
Contact for pricing
Two-story duplex with two units plus two separate apartments in a back structure, each with central A/C and separate meters.
Property Size3,429 SF
Price / SF$364.25
Days on Market80
Property Features for 3431-3434 SW 4th St
General Information
- Standard status
- Active
- Size
- 3,429 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1937
Listing Agency:
Xcellence Realty
(786) 486-6549
Listed By:
Milady Cernuda · License #0635090
Source:
Crexi
Added: May 5
Changed: Jul 22
Last Checked: Jul 23 at 3:17PM
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 Xcellence Realty
Investment Insights
Based on property information with market context.
This property consists of a two-story duplex configured as two units with a separate grandfathered structure in the back that includes two additional apartments, creating a four-unit setup. The top unit was remodeled throughout. All units feature central A/C and separate meters, supporting independent utility management for tenants. A coin washer and dryer are provided in a common area for tenant use.
Showings are available after Monday, May 11, with 24 hours notice required. The property is described as being down the street from Versailles Restaurant, and a few blocks from Coral Gables, Tamiami Trail (8 Street) and Flagler St.
The current tenancy is described as long-term, with tenants maintaining the units in good condition.
Showings are available after Monday, May 11, with 24 hours notice required. The property is described as being down the street from Versailles Restaurant, and a few blocks from Coral Gables, Tamiami Trail (8 Street) and Flagler St.
The current tenancy is described as long-term, with tenants maintaining the units in good condition.
Key Highlights
- 1937‑built two‑story duplex with 2 units plus 2 separate apartments in a back structure
- Back structure includes two separate apartments in an additional building behind the duplex
- Top unit remodeled throughout
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 Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two-story duplex with two units plus two separate apartments in a back structure, each with central A/C and separate meters.
Where is this quadplex located?
The property is located at 3431-3434 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: 1937‑built two‑story duplex with 2 units plus 2 separate apartments in a back structure; Back structure includes two separate apartments in an additional building behind the duplex; Top unit remodeled throughout
