Commercial Sale · Income/MultiFamily
840 NW 4th St, Miami FL 33128, MIAMI, FL, 33128
Active71 days on marketListed May 28, 2026MLS #A12026825
About this property
The property at a glance
Rare Little Havana / Miami River Multifamily Opportunity Positioned in one of Miami’s most active growth corridors, 840 NW 4 Street offers investors and developers a rare opportunity to secure a 15,000 SF land hold just steps from the Miami River and minutes from Downtown Miami, Brickell, the Medical District, and Calle Ocho. Surrounded by established mid-rise development and with additional projects underway throughout the immediate area, this asset sits directly in the path of Little Havana’s next wave of growth. Whether held for long-term land appreciation, improved to maximize rental income, or repositioned as part of a larger investment strategy, the property offers multiple paths to value creation. The existing building consists of 9 total units, including six 2-bedroom/1-bath units and three townhouse-style 3-bedroom/2-bath units — a rare unit mix in this submarket. The property has been well kept and features durable CBS construction, recently replaced modern windows, a recently replaced roof, PVC plumbing, and on-site parking for all units, an increasingly rare amenity in Little Havana. With strong land fundamentals, meaningful improvements, and clear upside through targeted aesthetic upgrades, 840 NW 4 Street is ideal for investors seeking immediate income potential and developers looking to establish or expand their position in one of Miami’s most dynamic urban neighborhoods. Position yourself ahead of the next wave of Little Havana development.
8,312
Building sq ft
$313
Price / sq ft
15,000
Lot sq ft
1948
Year built
2
Buildings
3900
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Month To Month
Lease term
Estimated payment (illustrative)
Estimated payment
$14,235/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
54,255
Population
$39,361
Median income
44
Median age
2
Avg household
$454,868
Median home value
$1,366/mo
Median rent
5,256
Households w/ kids
Consumer profile
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 840 NW 4th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,287,500
825 SW 13th Ave, Miami FL 33135
Sold Aug 8, 2024
$1,050,000
1751 NW 29th St, Miami FL 33142
Sold Aug 19, 2024
$2,200,000
Nearby listing
Sold Aug 20, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 840 NW 4th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 840 NW 4th St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Fausto Commercial Realty Consultants Inc · Christopher Carbonell. MLS #A12026825.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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