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    1021 4Th St Miami, FL 33128

    For Sale
    $1,299,000

    11-Room, 7500 sq ft Apartment Building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional two-story, 1926-built apartment building in Miami, Florida, presents a compelling investment opportunity. Located at 1021 NW 4th St, Miami, FL 33128, this 7,500 square foot multifamily property features 11 rooms and offers substantial potential for improvement and strong returns. Its prime location offers easy access to downtown Miami and the international airport, enhancing its desirability. The property benefits from low maintenance, making it an attractive proposition for investors. A complete rent roll breakdown is available upon request. This property is ideal for investors seeking high returns and a low-maintenance investment. Serious inquiries only; showings require prior authorization to maintain confidentiality. Don't miss this chance to add a valuable asset to your investment portfolio. This is a rare opportunity to acquire a well-situated multifamily property in a thriving Miami location.

    Property Features for 1021 4Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1926
    Stories
    2

    HighLights

    • $1,299,000 asking price for this multifamily investment opportunity.
    • Multifamily property, specifically an apartment building, classified as a duplex/triplex/quadruplex.
    • 1926 construction, two‑story building.
    • Located at 1021 NW 4th St, Miami, FL 33128, minutes from downtown Miami and the international airport.
    • 11 rooms and 7,500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2120226
    Latitude
    25.7776723

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    FAQs

    What type of property is this?
    Multifamily property - 11-Room, 7500 sq ft Apartment Building
    Where is this multifamily property located?
    The property is located at 1021 4Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: $1,299,000 asking price for this multifamily investment opportunity.; Multifamily property, specifically an apartment building, classified as a duplex/triplex/quadruplex.; 1926 construction, two-story building.
    Request Owner's contact information
    1021 4Th St Miami, FL 33128
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    Miami, FL 33128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1021 4Th St Miami, FL 33128
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