1259 NW 4th St, Miami FL 33125

Closed

$1,425,000

Est. Payment $7,584/mo

MLS Sheet Video

1969

Year Built

Stories

Days on Market

Description

Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!

Facts

MLS#: A11518511
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1969
Lot Size: 7,500 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 2
Garage: —
Pool: —
Days on Market: 8 days
Listed: Jan 23, 2024
Last Updated: Mar 11, 2024
Price/Lot Sq.Ft.: $190/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/11/2024	Sold	$1,425,000
1/23/2024	Listed for sale	$1,425,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1259 NW 4th St, Miami FL 33125Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

South Pointe Elementary School
PK,KG,1,2,3,4,5 · public · 0.3 mi
Landow Yeshiva Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
Klurman Mesivta High School
7,8,9,10,11 · private · 0.4 mi
Fienberg/Fisher K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.7 mi
Miami Beach Adult & Community Ed Center
UG · public · 0.7 mi
Temple Beth Shmuel Montessori
PK,KG · private · 1.0 mi
Fisher Island Day School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.3 mi
Miami Beach Senior High School
9,10,11,12 · public · 1.5 mi
Rasg Hebrew Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.7 mi
Rabi Alexander S Gross Hebrew
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.7 mi

Estimated Monthly Payment

$8,922/mo

Principal & Interest

$7,584

Property Tax

$1,188

Insurance

$150

HOA

Down Payment20% ($285,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

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