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Little Havana Four-Unit Multifamily Property
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441 NW 25th Ave, Miami, FL 33125

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

Property Size3,400 SF
Lot Size0.16 Acres
Price / SF$367.65
Days on Market645

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
Listing Agency: Urbaniza Realty
Listed By: Ray Jourdain · License #0692941
Source: Crexi
Added: Oct 26, 2024 Changed: Jul 6 Last Checked: Jul 31 at 3:21PM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

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 authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,040
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
(305) 785-4580 Call to check price and availability
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