Tropical on 4th
Multifamily | 14 Units | $271,429/unit
Marketing description
Introducing Tropical on 4th, a prime 14-unit multifamily property nestled at 954 Southwest 4th Street, Miami, FL 33130, offered at an attractive price of $3,800,000. Built in 1966 on an 11,250 sq. ft. lot with T4-R zoning, this two-story CBS construction boasts well-designed 2-bedroom/1-bathroom apartments. Each unit features spacious living areas, tile flooring, and ample natural light, along with convenient on-site parking. The property has successfully passed the 40-year recertification, ensuring a sound investment opportunity. Located in the vibrant heart of Miami's Little Havana, known for its rich cultural heritage, dynamic community life, and proximity to Downtown Miami's bustling growth, Tropical on 4th presents a promising investment for those looking to capitalize on the area's rising popularity. Don't miss this chance to own a piece of Miami's history and future at Tropical on 4th.
Investment highlights
14-Unit Multifamily Asset
All Units: 2BR / 1BA
Price: $3,800,000
Cap Rate: 5.85%
Price Per Unit: $271,429
Year Built: 1966 (CBS Construction)
Zoning: T4-R
40-Year Recertification Completed
On-Site Parking (1 space per unit)
Strong Occupancy (98%)
Located in the Core of Little Havana
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