3524 NW 4th Ter
Miami, FL 33125 · multi_family · For Sale · 175 days on market
Asking price$1,399,000
8 beds 8 baths 4,350 sqft
Listed by monica benitez · Xcellence Realty
Typemulti_family
Built1988
Price / sqft$322
Est. value (own analysis)$1,499,476
Rent estimate (building total, own analysis)$12,441/mo
HOANone
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Statusfor_sale
Listed date2026-03-12
Removed date—
MLSMiamiMLS #A11981519
Coordinates25.77665, -80.25317
Address3524 NW 4th Ter
CityMiami
StateFL
Zip33125
Listing ID6688555751
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,399,000 |
| Down payment (20.0%) | $279,800 |
| Loan amount | $1,119,200 |
| Closing costs (5.0%) | $69,950 |
| Total cash to close | $349,750 |
| Income | |
| Rent (estimate) | $12,441$149,292 |
| Vacancy loss (8.0%) | |
| Effective gross income | $11,446$137,349 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,215$26,581 |
| Insurance (placeholder 0.8% of price) | $933$11,192 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $622$7,465 |
| Total operating expenses | $3,770$45,238 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $622$7,465 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 426 NW 13th Ave Apt 2 | multi_family | 8 | 4 | 3,722 | $1,283,000 | 2026-07-13 |
| 911 NW 22nd Pl | multi_family | 8 | — | 3,244 | $900,000 | 2026-06-22 |
| 1229 NW 5th St | multi_family | 8 | 8 | 2,964 | $1,400,000 | 2026-06-02 |
| 1237 NW 5th St | multi_family | 8 | 5 | 2,759 | $1,400,000 | 2026-06-02 |
| 1429 NW 2nd St | multi_family | 8 | 6 | 4,086 | $1,380,000 | 2026-05-14 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1717 NW 16th St | multi_family | 8 | 4 | 2,975 | $1,200,000 | — |
| 600 NW 25th Ct | multi_family | 8 | 4 | 3,628 | $1,495,000 | — |
| 1968 NW 25th Ave | multi_family | 8 | 6 | 4,248 | $1,295,000 | — |
| 720 NW 30th Ave | single_family | 8 | 8 | 2,767 | $1,100,000 | — |
10-year hold projection
IRR10.8%
Equity multiple2.68x
Total return (10yr)$768,779
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,440,970 | $92,111 | -$1,661 | $1,107,065 | $333,905 |
| 2 | $1,484,199 | $95,101 | $1,142 | $1,094,097 | $390,102 |
| 3 | $1,528,725 | $98,185 | $4,036 | $1,080,239 | $448,486 |
| 4 | $1,574,587 | $101,369 | $7,023 | $1,065,429 | $509,158 |
| 5 | $1,621,824 | $104,653 | $10,106 | $1,049,602 | $572,223 |
| 6 | $1,670,479 | $108,043 | $13,290 | $1,032,688 | $637,791 |
| 7 | $1,720,594 | $111,540 | $16,576 | $1,014,612 | $705,981 |
| 8 | $1,772,211 | $115,148 | $19,968 | $995,296 | $776,916 |
| 9 | $1,825,378 | $118,872 | $23,469 | $974,652 | $850,725 |
| 10 | $1,880,139 | $122,713 | $27,084 | $952,591 | $927,548 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.