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.
Listed by Domingo Hernandez
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License #3155727
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Ugarit Realty
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305-705-6097
Last updated September 03, 2025
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Source: MIAMIRE #A11841234
Listing Facts
TypeMulti-family
NeighborhoodLatin Quarter
Days on Prevu55
Taxes$18,954/year
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
08/27/2025
Price Decreased
$1,900,000
07/15/2025
Listed by Ugarit Realty
$1,989,900
Property Details for 1238 SW 4th St
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 8
Roof: Shingle
Stories: 2
Stories Total: 2
Structure Type: Quadruplex, Fourplex
Window Features: Complete Impact Glass
Year Built: 1923
Year Built Details: Resale
Architectural Style: Detached
Building Name: Lawrence Estate
Construction Materials: CBS Construction
Measurements
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $48,554.00
Taxes
Parcel Number: 01-41-02-006-4060
Tax Annual Amount: $18,954.00
Tax Year: 2024
Interior
Features
Flooring: Ceramic Floor, Wood
Measurements
Living Area Units: Square Feet
Other
Location
Subdivision Name: Lawrence Estate
Parking
Parking
Parking Total: 2
Utilities
Equipment
Cooling: Central Air, Other
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Other
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.