Quadplex with Impact
For Sale
$1,399,000
3524 NW 4th Ter, Miami, FL 33125
Four residential units feature parking, private laundry, and access to a shared yard area.
Property Size4,350 SF
Price / SF$321.61
Days on Market217
Property Features for 3524 NW 4th Ter
General Information
Standard status
Active
Size
4,350 SF
Property subtype
Duplex
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$12,319
Amenities
parking
in-unit laundry
yard area
Building Details
Building Size
4,350 SF
Year Built
1988
Listing Agency:
Xcellence
Listed By:
Monica Benitez · License #3180234
(866) 595-6025
Source:
Allyandaj
Added: Mar 11
Changed: Sep 30
Last Checked: Oct 11 at 2:11PM
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
Investment Insights
Based on property information with market context.
This Miami quadplex contains four residential units within a 4,350-square-foot multifamily property. Interior features include in-unit laundry, while the property also provides parking and yard area. Impact windows and doors have been installed, and the roof is 4 years old.
Located at 3524 NW 4th Ter, the property has two meters. The units are occupied by long-term tenants on month-to-month arrangements.
Located at 3524 NW 4th Ter, the property has two meters. The units are occupied by long-term tenants on month-to-month arrangements.
Key Highlights
- Four‑unit multifamily property totaling 4,350 square feet
- Impact windows and doors installed
- Roof is 4 yrs old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,242
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,744,840
$1.7M
Cap Rate 7%
$1,246,314
$1.2M
Cap Rate 9%
$969,356
$969.4K
Market Conditions
NOI Build-Up for 4,350 SF
Gross rent
$133.1K $30.60/SF
− Vacancy
−$8.5K −$1.95/SF
EGI
$124.6K $28.65/SF
− OpEx
−$37.4K −$8.60/SF
NOI
$87.2K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,744,840
Cap Rate 7%
$1,246,314
Cap Rate 9%
$969,356
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.09M – $1.45M
NOI $87,242 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,359 @ 7.0% cap · market cap 5.74%
Theoretical Best
Specialty Retail
$2.94M
$2.57M – $3.43M
NOI $205,539 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,935
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature parking, private laundry, and access to a shared yard area.
Where is this quadplex located?
The property is located at 3524 NW 4th Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four‑unit multifamily property totaling 4,350 square feet; Impact windows and doors installed; Roof is 4 yrs old
