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1236 SW 4th St, Miami FL 33135 - Multifamily Commercial Property

Income-producing multifamily property with 8 rented units in Little Havana, near Calle Ocho, Brickell, Downtown, and Health District.

$1,850,000

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MLS #A11831746

Listing Updated: 2026-07-11 12:38:59

Listed By: Ugarit Realty

Overview

This multifamily commercial property at 1236 SW 4th St in Miami offers eight fully rented units, providing a stable income stream. Built in 1923, the building benefits from recent updates including a new roof and impact windows. Located in the heart of Little Havana, it is just steps from the vibrant Calle Ocho and minutes from Brickell, Downtown Miami, and the Health District. The property’s T5-0 zoning supports a dynamic mixed-use environment, ideal for urban living and commercial opportunities. On-street parking adds convenience for tenants and visitors alike. This asset is well-positioned for buyers seeking a walkable location with consistent rental demand.

Property Highlights

8 fully rented units, new roof, impact windows, prime Little Havana location, close to Calle Ocho, Brickell, Downtown, Health District, T5-0 zoning, on-street parking.

Property Details

City: Miami

State: FL

Zip Code: 33135

Address: 1236 SW 4th St, Miami FL 33135

Year Built: 1923

Property Type: Commercial Sale

Property Sub Type: Income/MultiFamily

Listing Office Name: Ugarit Realty

County: Miami-Dade County

Garage Spaces:

Parking Features: On Street

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $18,954

Days On Market: 333 Days

Original Listing 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.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1236 SW 4th St, Miami FL 33135

About This Neighborhood

Located in the vibrant Little Havana neighborhood, this property benefits from a culturally rich and walkable urban environment. Little Havana is known for its lively streets, local eateries, and arts scene, attracting residents and visitors alike. The proximity to Calle Ocho, a renowned cultural corridor, adds to the area's appeal. Easy access to Brickell, Downtown Miami, and the Health District makes it convenient for professionals and families. This neighborhood offers a unique blend of historic charm and urban amenities.

Walkability & Lifestyle

Little Havana is a highly walkable neighborhood with easy access to restaurants, shops, cultural venues, and public transportation. The property’s location near Calle Ocho offers vibrant street life and daily conveniences within walking distance. Residents can enjoy nearby parks, local markets, and entertainment options without relying heavily on vehicles. This walkability enhances lifestyle quality and supports sustainable urban living.

Things To Do Nearby

The area around 1236 SW 4th St offers a rich variety of activities including dining at authentic Cuban restaurants, visiting art galleries, and enjoying live music along Calle Ocho. Nearby parks and waterfront areas provide outdoor recreation opportunities. The close proximity to Brickell and Downtown expands options for nightlife, shopping, and cultural events. Residents can also explore local festivals and community gatherings that celebrate Miami’s diverse heritage.

Nearby Schools

Residents in this area have access to a variety of educational institutions within reasonable distance. The neighborhood’s urban setting provides convenient transportation options to nearby public and private schools. Families benefit from the proximity to schools as well as community resources, making it a practical location for those prioritizing education. The diversity of schools in Miami supports a range of educational needs for local residents.

Why Buyers Like This Area

Buyers appreciate this property for its prime location in Little Havana, a neighborhood known for its cultural vibrancy and walkability. The proximity to major Miami districts like Brickell and Downtown adds convenience for commuters. The building’s fully rented status and stable tenant base reduce management concerns. Additionally, the T5-0 zoning offers flexibility for future development or mixed-use possibilities. This combination of location, tenant stability, and zoning makes it attractive to a range of buyers.

Investment Potential

This multifamily property presents a solid opportunity for investors seeking steady rental income in a sought-after Miami neighborhood. The fully rented status and long-term tenants contribute to reliable cash flow. Its location in Little Havana, near major business districts like Brickell and Downtown, enhances tenant appeal and occupancy stability. The T5-0 zoning allows for diverse uses, potentially increasing future value and flexibility. Additionally, the property benefits from added income through laundry facilities, supporting overall profitability.

Market Trends

The Miami multifamily market continues to attract interest due to strong demand for rental housing and limited inventory. Properties in walkable, culturally significant neighborhoods like Little Havana are particularly appealing to renters and buyers. The area's proximity to employment hubs such as Brickell and Downtown supports sustained demand. Market trends indicate steady occupancy rates and consistent rental pricing, making this property a competitive option for those seeking multifamily investments in Miami.

Rental Income Potential

This property’s fully leased status with long-term tenants indicates strong rental demand in Little Havana. The addition of laundry income further supports the revenue stream. Its location near major employment centers and cultural attractions helps maintain tenant interest. Seasonal demand and the walkable urban setting contribute to consistent occupancy. Prospective buyers should consider the property's usability and tenant stability when evaluating rental income potential.