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Property Description
Exceptional income-producing opportunity in the heart of **Little Havana**. This versatile single-family property offers multiple revenue streams in one of Miami's most vibrant and centrally located neighborhoods. The main residence features 3 bedrooms and 2 bathrooms, along with a flexible additional room that can easily be converted into a separate living area to generate additional rental income or accommodate extended family. Adding to its strong cash-flow potential, the property includes an attached 1-bedroom, 1-bath efficiency as well as a detached 2-bedroom, 1-bath dwelling unit, creating three distinct living spaces on one parcel. Significant capital improvements provide peace of mind and long-term value, including a roof replaced with permits in 2024, no cast iron plumbing, and electrical and plumbing systems updated to modern standards. Both central A/C units are approximately two years old, and the Titan tankless water heater is about one year old. Hurricane panels are also in place, offering added storm protection for insurance savings. Centrally located just minutes from Downtown Miami, Airport, Brickell, Miami Beach and all major expressways. This property presents a rare opportunity for investors or owner-occupants seeking strong rental demand, flexibility, and solid infrastructure upgrades in Little Havana.
Full Property Details
Full Property Details for 2231 NW 4th Terrace
General
- Price: $845,000
- Taxes: $6,085 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11975622
- Updated: Today (3/3/2026)
- Added to Site: Today
Interior
- Interior Features: First Floor Entry, Den/Library/Office, Separate Guest/In-Law Quarters, Other
- Appliances: Dryer, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
- Bedroom Features: Entry Level
Other Rooms
- Living Room: Den/Library/Office, Separa Sq. Ft.
Parking
- Parking Features: Driveway
Location
- Area: City Line Park Amd
- County: Miami-Dade County
- Subdivision: CITY LINE PARK AMD
- Building Name: CITY LINE PARK AMD
- Direction Faces: South
School Information
- Middle School: Citrus Grove
- High School: Miami Senior
Community
- Community Name: City Line Park Amd
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Barrel Roof, Flat Roof With Facade Front, Shingle
- Windows: Hurricane Shutters
- Building Size: 2772
- Square Feet: 2,128
- Living Area: 2,128 Sq. Ft.
- Year Built: 1928
Lot Features
- Property View: Other
- Lot Size (Sq. Ft.): 5,500
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
Financial Considerations
- Price Per Sq. Ft.: $397.09
- Tax Amount: $6,085
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: 3 54 41 CITY LINE PARK AMD PB 10-13 LOT 39 LOT SIZE 50.000 X 110 OR 20765-2536 10 2002 1
- Restrictions: No Restrictions
- Property ID: 01-41-03-035-0300
Listed by Real Estate Sales Force
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Schools
Schools serving 2231 NW 4th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Grove Elementary School, Miami, FL 2121 Northwest 5th Street, Miami, FL 33125 | PK-5 | 0.1 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 0.1 mi |
Miami Senior High School 2450 Southwest 1st Street, Miami, FL 33135 | 9-12 | 0.5 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 2231 NW 4th Terrace
Date
Details
Price
Change
Source
3/03/2026
Listed
$845,000
108.9%
MLS
8/06/2019
Sold
$404,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2231 NW 4th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,339
3%
$340,329
3%
2024
$6,169
5%
$330,738
7%
2023
$5,872
3%
$309,018
6%
2021
$5,682
—
$291,280
-3%
2022
$5,699
—
$300,018
1%
2021
$5,682
13%
$295,663
14%
2019
$5,037
105%
$259,805
84%
2018
$2,462
1%
$141,365
2%
2017
$2,429
—
$138,458
2%
2016
$2,432
23%
$135,611
19%
2015
$1,985
-1%
$113,606
1%
2014
$2,001
2%
$112,705
1%
2013
$1,962
—
$111,040
—
Disclaimer: Historical tax 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 2231 NW 4th Terrace
2231 NW 4th Ter, Miami, FL 33125 (MLS# A11975622) is a Single Family property with 6 bedrooms and 4 full bathrooms. 2231 NW 4th Ter is currently listed for $845,000 and was received on March 03, 2026. Want to learn more about 2231 NW 4th Ter? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

