1238 SW 4th Street, Miami, FL 33135

New Listing
$1,850,000
Property Type: Commercial Sale Square Footage: 4,641 Status: Active
Current Price: $1,850,000 List Date: 10/05/2026 Last Modified: 10/05/2026

Overview

Description

8 Units 14 Beds, 9 Baths. Investor’s Dream! Multifamily property featuring 8 fully rented units in the heart of Little Havana, just steps from the iconic Calle Ocho, and minutes from Brickell, Downtown, and the Health District. This income-producing asset offers strong cash flow with long-term tenants, additional laundry income, impact windows, and a new roof. Prime walkable location with consistent rental demand—don’t miss this rare opportunity! T5-0 zoning in Miami establishes a dynamic, mixed-use environment optimized for walkable urban communities, allowing a wide range of uses by right—including residential, commercial, entertainment, and lodging.

Listing Details MLS# A12100546

General Property Information

Number Of Buildings
2
Property Sub Type
Multi Family
Number Of Units Total
7
Occupant Type
Tenant
Building Area Main
4641
Year Built
1923
Lot Size Area
7500
Lot Size Acres
0.17

Property Features

Building Features: Exterior Lighting; Fenced Area; Laundry Facilities Documents Available: Copy Of Lease(s); Rent Rolls Location of Property: In Residential Area Parking Features: On Street Possession: Negotiable Property Condition: Resale Tenant Pays: Electricity; Interior Electric Construction Materials: CBS Cooling: Other Listing Terms: Cash; Conventional; Other Roof: Shingle Security Features: Security Gate; Smoke Detector(s) Utilities: Sewer Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only

Contract Information

Comp Sale YN
No
Original List Price
1850000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1238
Street Direction Prefix
SW
Street Name
4th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33135
Area
5940 - Other Florida County
Parcel Number
0141020064060
Subdivision Number
6
Zoning
6101
Flood Zone
X

Financial Information

Tax Annual Amount
20000
Tax Year
2025
Tax Legal Description
LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 5 BLK 91 LOT SIZE 7500 SQUARE FEET OR 17841-0411 1097 1

Status Change Information

Major Change Timestamp
2026-10-05T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-05

More Information

Meter Information

Number Of Meters Total
5

Description of Unit Type 1

Unit Type
4 Bedroom Or More
Units Total
Yes
Furnished
Yes
Annual Rent
6000

Description of Unit Type 2

Unit Type
3 Bedroom
Units Total
Yes
Furnished
No
Annual Rent
2700

Description of Unit Type 3

Unit Type
2 Bedroom
Units Total
Yes
Furnished
No
Annual Rent
2100

Description of Unit Type 4

Unit Type
2 Bedroom
Units Total
Yes
Furnished
No
Annual Rent
1900

Description of Unit Type 5

Unit Type
1 Bedroom
Units Total
Yes
Furnished
No
Annual Rent
1800

Description of Unit Type 6

Unit Type
1 Bedroom
Units Total
Yes
Furnished
No
Annual Rent
1500

Price Calculations

Current Price To SqFt
398.62

Section Details

Parcel Number MLX
4060

Originating Details

Originating System Key
565854047
Originating System ID
M00000151
IDX
Listing Office: Ugarit Realty
Source MLS Verified
Last Updated: October - 05 - 2026
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