3532 NW 4th Ter, Miami, FL, 33125
About This Home
Fausto Commercial is pleased to present: 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. 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 with a new roof already in place, 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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1964
Materials
- Roof: Flat Tile,Other
- Construction materials: Concrete Block Construction
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,383
- Total interior livable area: 1,868 sqft
Property
Details
- Parcel number: 0141040231801
- Zoning: 5700
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $1,204 | $14,448 |
| Electricity | $197 | $2,366 |
| Total | $4,889 | $58,668 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-27 | Listed for sale | $725,000 |
For Sale by Agent
View on Zillow