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 increase: $40K (8/6)
$690,000
3532 NW 4th Ter, Miami, FL 33125
4beds
2baths
1,868sqft
Duplex
Built in 1964
-- sqft lot
$-- Zestimate®
$369/sqft
$-- HOA
What's special
- 125 days
- 279
- 18
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
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: $369/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 |
|---|---|---|
| 8/6/2026 | Price change | $690,000+6.2%$369/sqft |
Source: | ||
| 7/28/2026 | Price change | $650,000-7.1%$348/sqft |
Source: | ||
| 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







