3532 NW 4 Terrace, a well-maintained duplex in the heart of Flagami, one of Miami’s most stable and workforce-driven rental submarkets. The property features individual water meters, Central Air conditioning, Terrazzo floors, a new roof, and sturdy concrete block construction. Both units are currently leased on a month-to-month basis, offering immediate flexibility for rental increases and value enhancement. With rents below market, investors have a clear path to upside. The building is in excellent condition making this an ideal opportunity for a first-time investor or a buyer seeking durable cash flow without deferred maintenance concerns or near-term 40-year recertification exposure. Located just minutes from Miami International Airport, Coral Gables, and major employment corridors, this asset combines strong in-place fundamentals with straightforward income growth potential in a proven rental location.
For sale
Price cut: $25K (6/2)
$700,000
3532 NW 4th Ter, Miami, FL 33125
4beds
2baths
1,868sqft
Duplex
Built in 1964
-- sqft lot
$-- Zestimate®
$375/sqft
$-- HOA
What's special
- 34 days |
- 383 |
- 16 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christopher Carbonell 305-753-3295,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A12029712
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Terrazzo
Interior area
- Total structure area: 2,383
- Total interior livable area: 1,868 sqft
Video & virtual tour
Property
Parking
- Total spaces: 7
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0141040231801
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Twelfth St Manor
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $464,076
- Annual tax amount: $9,255
- Date on market: 6/2/2026
- Listing terms: All Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $700,000-3.4%$375/sqft |
Source: | ||
| 2/27/2026 | Listed for sale | $725,000$388/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,641 +8.7% | $434,515 +10% |
| 2024 | $8,867 +4% | $395,014 +10% |
| 2023 | $8,529 +9.6% | $359,104 +10.9% |
| 2022 | $7,780 +10.9% | $323,760 +10% |
| 2021 | $7,013 +6.1% | $294,328 +7.2% |
| 2020 | $6,609 +1.5% | $274,606 +2% |
| 2019 | $6,509 +17.7% | $269,342 +25.2% |
| 2018 | $5,532 | $215,172 +10% |
| 2017 | $5,532 +11.3% | $195,611 +10% |
| 2016 | $4,971 +12.8% | $177,829 +10% |
| 2015 | $4,406 +7.7% | $161,663 +10% |
| 2014 | $4,093 -4.1% | $146,967 +8.2% |
| 2013 | $4,268 | $135,803 -12.5% |
| 2012 | $4,268 -1.4% | $155,266 -1.1% |
| 2011 | $4,331 -14.2% | $156,971 -11.4% |
| 2010 | $5,047 -9.5% | $177,110 -16% |
| 2009 | $5,578 -25.1% | $210,840 -31.2% |
| 2007 | $7,442 +13.2% | $306,574 |
| 2006 | $6,572 | -- |
| 2005 | $6,572 +14% | -- |
| 2004 | $5,766 +31.5% | -- |
| 2003 | $4,386 +8.1% | -- |
| 2002 | $4,057 | -- |
| 2001 | $4,057 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Alameda - West Flagler
Nearby schools
GreatSchools rating
- 4/10Kensington Park Elementary SchoolGrades: PK-5Distance: 0.7 mi
- NACitrus Grove Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Miami Senior High SchoolGrades: PK,9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33125
- Alameda - West Flagler
- 3532 NW 4th Ter







