2231 NW 4th Ter, Miami FL 33125
About this home
SIGNIFICANT PRICE IMPROVEMENT!! Exceptional income-producing opportunity in the heart of Little Havana. 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. This versatile single-family property offers multiple revenue streams in one of Miami’s most vibrant and centrally located neighborhoods. 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
Features
- First Floor Entry
- Florida Room
- Separate Guest/In-Law Quarters
- Other
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,787
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
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Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.