954 SW 4th St

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954 SW 4th St

Miami, FL 33130
Asking Price
$3.80M
Asset Type
Multifamily
Class
Class B

What's Special

954 SW 4th St is located in the Little Havana neighborhood of Miami, a high-density urban area characterized by its cultural history and central proximity to the city's primary employment hubs. The property is situated blocks away from the Miami River and is within walking distance of the Brickell financial district. Residents have immediate access to public transit via the Miami Trolley and nearby bus routes, as well as convenient entry to major thoroughfares including I-95 and the Dolphin Expressway. Local amenities include diverse dining options, retail centers, and community parks. This multifamily asset is suited for long-term rental income or potential redevelopment in accordance with local zoning regulations. The location typically attracts a tenant profile comprised of young professionals working in Brickell or Downtown Miami who seek lower residential density than high-rise districts while maintaining a short commute. Its proximity to health districts and university campuses also makes it a viable option for healthcare workers and faculty members. The property serves a demographic looking for geographic connectivity within a walkable, established residential corridor.

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NOI
$80,000
Cap Rate
2.11%
DSCR
0.35
Underwater
Cash-on-Cash
-12.77%
Monthly Payment
$18,800.327
Annual Cash Flow
$-145,603.92

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