Atlantic Luxury Advisors
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24 photos

2231 4th Ter

Miami, FL 33125

$749,000
6
4
2,128 sq ft
5,500 sq ft
1928
Single Family Residence
31
Active

Listing courtesy of Real Estate Sales Force (Thomas McDaniel). Contact: [email protected].

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

What it costs to own
Estimated monthly payment
$5,345/mo
Principal and interest
$3,787
Property tax
$1,091
Homeowners insurance
$467
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$13,090/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone E: ordered to evacuate for Category 4 and 5 hurricanes.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.