Quadplex with New
New
For Sale
$1,950,000
4028 SW 11th St, Miami, FL 33134
Residential Income, Miami, FL
Property Size3,836 SF
Price / SF$508.34
Days on Market1
Property Features for 4028 SW 11th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
5700
Bedrooms
3
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking
8
Subdivision
LE JEUNE ADDN SEC 1
Lot features
< 1/4 Acre
Standard status
Active
APN
30-41-08-038-0150
Size
3,836 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
LE JEUNE ADD SEC 1 PB 9-107 LOT 10 BLK 2 PR ADD 4028 SW 11 ST LOT SIZE 49.100 X 131 OR 18183-3223 0798 2 (2)
Tax Annual Amount
11700
Legal Description
LE JEUNE ADD SEC 1 PB 9-107 LOT 10 BLK 2 PR ADD 4028 SW 11 ST LOT SIZE 49.100 X 131 OR 18183-3223 0798 2 (2)
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Flooring type
Laminate
Building materials
CBS (Concrete Block Structure), Block
Roof type
Flat
Architectural style
Other
Listing Agency:
Toth Real Estate Group
Listed By:
Yoana Toth · License #0691554
(786) 402-2514
Added: Oct 19
Last Checked: Oct 19 at 11:06PM
MLS# A12108031
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.
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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 concrete-block construction, laminate flooring, and a flat roof. A replacement roof was installed in 2026, and building recertification has been completed.
The property has four electrical meters and one water meter. Public water and sewer service are available, along with cable service.
The property has four electrical meters and one water meter. Public water and sewer service are available, along with cable service.
Key Highlights
- 3,836‑square‑foot quadplex built in 1925
- New roof installed in 2026
- Four electrical meters and one water meter
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
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four electrical meters and a shared water meter serve this multifamily property.
Where is this quadplex located?
The property is located at 4028 SW 11th St 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; Four electrical meters and one water meter
