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1238 SW 4th StMiami, FL 33135

For Sale

$1,850,000

Smart Buyer Rebate $18,500

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 January 18, 2026

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Source: MIAMIRE #A11841234

Listing Facts

  • TypeMulti-family
  • NeighborhoodLatin Quarter
  • Days on Prevu199
  • Taxes$18,954/year

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/12/2026
Price Increased
$1,850,000
12/16/2025
Price Decreased
$1,799,000
12/11/2025
Status changed to Active
$1,835,000
12/03/2025
Status changed to In Contract
$1,835,000
11/07/2025
Price Decreased
$1,835,000
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

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1238 SW 4th St.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1238 SW 4th St.

What are the annual taxes for 1238 SW 4th St?

Annual taxes for this multi-family home are estimated at $18,954.

How does 1238 SW 4th St compare to other multi-family homes in Latin Quarter?

This multi-family home is listed 13% below the average price for multi-family homes in Latin Quarter and has been on the market for 91 more days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the Lawrence Estate building.

1238 SW 4th St is a -bedroom multi-family home for sale in Miami FL 33135. Listed on Prevu for 199 days at $1,850,000. This includes a recent price increase of $51,000. This property is located in Latin Quarter. The median listing price for multi-family homes in this area is $1,074,500. The home offers pets allowed, air conditioning, and parking. Browse more multi-family home listings in Miami.

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.

Full MLS Disclaimers

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.