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1644 SW 4th St

$2,400,000

1644 SW 4th St, Miami, FL 33135

Active
Last Updated: 04/17/2025

5,616 sqft

Building Size

1924

Year Built

Details:
Building Size:    5,616 sqft
Year Built:    1924
Description:

$4,900,000 Prime 22,500 SF site in West Little Havana with T5-O zoning, ideal for Live-Local/SB102 development, allowing over 300 units and up to 24 stories (48 with bonuses), no FLR limits. Includes three parcels: one with a 12-unit "Old Spanish" apartment (7,500 SF), and two 1954 5-unit buildings (15,000 SF), all 1 bed/1 bath. Located near Brickell and Downtown, along vibrant Calle Ocho, attracting 3M+ tourists yearly. Close to Ball & Chain, Union Beer Store, and more, with retail rents nearing $60psf. SW 17 AV frontage offers easy access to Coral Gables, airport, and high-frequency transit. Little Havana’s central location and booming development make it a hotspot for high-income residents and businesses.

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Today's Available Mortgage Rates

1644 SW 4th St, Miami, Florida 33135

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/14/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$7,856 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $1,224,000 Loan Amount
Details
Agency*Lender #634
7 Year Fixed
30 Year Amortization
Interest rate 5.96% 7 Year Fixed
Mo. Payment$6,447 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 45% LTV $8,500 Lender fees
Loan Amount $1,080,000 Loan Amount
Details
Agency*Lender #634
10 Year Fixed
30 Year Amortization
Interest rate 6.04% 10 Year Fixed
Mo. Payment$6,358 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 44% LTV $8,500 Lender fees
Loan Amount $1,056,000 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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