Quadplex with New
4028 SW 11th Street, Miami, FL 33134
For Sale
$1,950,000
Renovated multifamily property with completed building recertification and separate electrical meters.
Property Size3,836 SF
Price / SF$508.34
Days on Market25
Property Features for 4028 SW 11th Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Gross Income
Building Details
Year Built
Listing Agency:
Toth Real Estate Group
Listed By:
Yoana M Toth · License FL #0691554
(786) 402-2514
Source:
Lehmannflorida
Added: Oct 17
Changed: Nov 10
Last Checked: Nov 10 at 7:06AM
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 Toth Real Estate Group
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Investment Insights
Based on property information with market context.
This 3,836-square-foot quadplex was built in 1925 and has been renovated. A new roof was installed in 2026, and building recertification has been completed. The property has four electrical meters and one water meter; utilities are included in select rentals.
At 4028 SW 11th Street in Miami, the property is near Coral Gables, employment centers, shopping and dining.
At 4028 SW 11th Street in Miami, the property is near Coral Gables, employment centers, shopping and dining.
Key Highlights
- 3,836‑square‑foot quadplex built in 1925
- New roof installed in 2026
- Building recertification completed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,933
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,538,660
$1.5M
Cap Rate 7%
$1,099,043
$1.1M
Cap Rate 9%
$854,811
$854.8K
Market Conditions
NOI Build-Up for 3,836 SF
Gross rent
$117.4K $30.60/SF
− Vacancy
−$7.5K −$1.95/SF
EGI
$109.9K $28.65/SF
− OpEx
−$33.0K −$8.60/SF
NOI
$76.9K $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%
$1,538,660
Cap Rate 7%
$1,099,043
Cap Rate 9%
$854,811
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$961.7K – $1.28M
NOI $76,933 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$1.01M
$885.8K – $1.18M
NOI $70,864 @ 7.0% cap · market cap 3.63%
Theoretical Best
Specialty Retail
$2.59M
$2.27M – $3.02M
NOI $181,253 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,945
Businesses Nearby
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Business Placement
Demographics for 33134, FL
38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Miami, FL
Properties on Market for Quadplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Renovated multifamily property with completed building recertification and separate electrical meters.
Where is this quadplex located?
The property is located at 4028 SW 11th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 3,836‑square‑foot quadplex built in 1925; New roof installed in 2026; Building recertification completed
