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Little Havana Four-Unit Multifamily Property

441 NW 25th Ave, Miami, FL 33125

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For Sale

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Remodeled four-unit property in Little Havana with strong income potential.

Type:Multifamily

Property size:

3,400 SF

Lot size:

0.16 Acres

Price / SF:

$367/SF

HighLights

Four spacious 2‑bedroom/1‑bathroom units totaling 3,400 rentable sqft.
Steady income of $8,800 per month.
Roof repairs and 50‑year inspections being completed by seller.
Appraised at asking price and qualifies for owner‑occupied loans.
Remodeled in 2020 with impact windows.
Two parking spaces per unit and on‑site washer‑dryer ($150 monthly income).

We can help!

Listing Contact

Ray Jourdain

For Sale

Contact for pricing

Remodeled four-unit property in Little Havana with strong income potential.

Type:Multifamily

Property size:

3,400 SF

Lot size:

0.16 Acres

Price / SF:

$367/SF

Added:: Oct 26, 2024
Days on Market:: 599
Last Refresh:: May 13 at 8:18 pm

Property Features for 441 NW 25th Ave

General Information

Standard status: Active
Size: 3,400 SF
Lot size: 0.16 Acres
Property subtype: Multifamily

Building Details

Year Built: 1925

We can help!

Listing Contact

Ray Jourdain

Listing agent Ray Jourdain License #0692941

Listing office Urbaniza Realty

Listing date Oct 26, 2024

Source Crexi

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 Urbaniza Realty

HighLights

Four spacious 2‑bedroom/1‑bathroom units totaling 3,400 rentable sqft.
Steady income of $8,800 per month.
Roof repairs and 50‑year inspections being completed by seller.
Appraised at asking price and qualifies for owner‑occupied loans.
Remodeled in 2020 with impact windows.
Two parking spaces per unit and on‑site washer‑dryer ($150 monthly income).

Overview

Located in Little Havana, this multifamily property features four units. Built in 1925 and remodeled in 2020, the property consists of four two-bedroom, one-bathroom units. The total rentable area is 3,400 square feet. Situated on a 7,000 square foot lot, this legal 4-plex includes impact windows. Each unit has access to two parking spaces. A washer-dryer generates $150 monthly. The property generates a monthly income of $8,800 from month-to-month leases. The seller is repairing the roof and completing 50-year inspections. The property qualifies for owner-occupied loans. The property also features an expansive yard.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$104.0k	$30.60
− Vacancy	−$6.6k	−$1.95
EGI	$97.4k	$28.65
− OpEx	−$29.2k	−$8.60
NOI	$68.2k	$20.06

3,400 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$974.1K

$852.4K – $1.14M (±1% cap)

NOI $68,189 @ 7.0% cap · market cap 5.46%

Second Best

Apartment 5plus

$897.3K

$785.1K – $1.05M (±1% cap)

NOI $62,810 @ 7.0% cap · market cap 5.02%

Theoretical Best

Specialty Retail

$2.30M

$2.01M – $2.68M (±1% cap)

NOI $160,652 @ 7.0% cap · market cap 12.85%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.236676
Latitude: 25.777052

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For sale
Quadplexes
FL
Miami
33125
441 NW 25th Ave

What type of property is this?

Quadplex - Remodeled four-unit property in Little Havana with strong income potential.

Where is this quadplex located?

The property is located at 441 NW 25th Ave Miami, FL.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Four spacious 2‑bedroom/1‑bathroom units totaling 3,400 rentable sqft.; Steady income of $8,800 per month.; Roof repairs and 50‑year inspections being completed by seller.