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$1,850,000
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Property Description
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.
Full Property Details
Full Property Details for 1238 SW 4th St
General
- Price: $1,850,000
- Taxes: $18,954 (2024)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11841234
- Updated: 1/12/2026
- Added to Site: 186 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl
Interior
- Flooring: Ceramic Floor, Wood
Parking
- Total Spaces: 2
Location
- Area: Lawrence Estate
- County: Miami-Dade County
- Subdivision: Lawrence Estate
- Building Name: Lawrence Estate
Community
- Community Name: Lawrence Estate
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Other
- Heating Type: Central
Utilities
- Sewer: Other
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Complete Impact Glass
- Stories/Levels: 2
- Year Built: 1923
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 6101
Financial Considerations
- Operating Expenses: $48,554
- Tax Amount: $18,954
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S), Rent Rolls
- Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 5 BLK 91 LOT SIZE 7500 SQUARE FEET OR 17841-0411 1097 1
- Property ID: 01-41-02-006-4060
Listed by Ugarit Realty
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Schools
Schools serving 1238 SW 4th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.6 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1238 SW 4th St
Date
Details
Price
Change
Source
1/12/2026
Price Increased
$1,850,000
2.83%
MLS
12/16/2025
Price Reduced
$1,799,000
-1.96%
MLS
11/07/2025
Price Reduced
$1,835,000
-3.42%
MLS
8/27/2025
Price Reduced
$1,900,000
-4.52%
MLS
7/15/2025
Listed
$1,989,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1238 SW 4th St
1238 SW 4th St, Miami, FL 33135 (MLS# A11841234) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 1238 SW 4th St is currently listed for $1,850,000 and was received on July 15, 2025. Want to learn more about 1238 SW 4th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

