1940 SW 4th St Unit 8 Miami, FL 33135
Little Havana Neighborhood
2
Beds
1
Bath
612
Sq Ft
$230/mo
HOA Fee
Highlights
- Garden View
- Eat-In Kitchen
- Video Cameras
- Complete Panel Shutters or Awnings
- Concrete Block With Brick
- Terrazzo Flooring
About This Home
As of February 2025Buyers did not qualify and back on the market. Prime investment opportunity in this Little Havana boutique building! With only 8 units, enjoy low maintenance fees ($230/mo) and extremely low property taxes ($320/year). This corner second-floor unit features an open layout with a living/dining area, an updated kitchen with newer appliances, beautiful terrazzo flooring, full-size washer and dryer, newer central A/C, and two spacious bedrooms with large windows for ample natural light. Additional highlights include a new tankless water heater, a large north-facing balcony with street views, and assigned parking with plenty of street parking available. Easy to show with notice—contact L/A for details. Checked with association and they have reserves
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $333
Year Built
- Built in 1970
Lot Details
- North Facing Home
- Fenced
HOA Fees
- $230 Monthly HOA Fees
Home Design
- Concrete Block With Brick
- Concrete Block And Stucco Construction
Interior Spaces
- 612 Sq Ft Home
- 2-Story Property
- Blinds
- Combination Dining and Living Room
- Terrazzo Flooring
- Garden Views
- Video Cameras
Kitchen
- Eat-In Kitchen
- Electric Range
- Ice Maker
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Jetted Tub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Car Parking Space
- On-Street Parking
- Open Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01-41-03-090-0080
Community Details
Overview
- 8 Units
- Isla Canarias Condo
- Islas Canarias Condo Subdivision
Pet Policy
- Breed Restrictions
Security
- Complex Is Fenced
- Walled
- Complete Panel Shutters or Awnings
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2024
Closed on
Feb 21, 2025
Sold by
Perez Lazaro and Hernandez Eraclia
Bought by
Diaz Manuel A
Seller's Agent
Miguel Solis
Douglas Elliman
Buyer's Agent
Enrique Niebla
Conde Realty
List Price
$259,999
Sold Price
$237,000
Premium/Discount to List
-$22,999
-8.85%
Views
138
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$320
Avg. Annual Appreciation
-0.30%
Original Mortgage
$189,600
Outstanding Balance
$188,820
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$47,860
Purchase Details
Closed on
Sep 30, 2005
Sold by
Islas Development Llc
Bought by
Perez Lazaro and Hernandez Eraclia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,520
Interest Rate
5.72%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $237,000 | Home Sweet Home Title | |
| Warranty Deed | $237,000 | Home Sweet Home Title | |
| Warranty Deed | $149,000 | Express Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $189,600 | New Conventional | |
| Closed | $189,600 | New Conventional | |
| Previous Owner | $140,664 | FHA | |
| Previous Owner | $146,520 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $237,000 | -1.2% | $387 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 01/27/2025 01/27/25 | Price Changed | $239,999 | -4.0% | $392 / Sq Ft |
| 01/02/2025 01/02/25 | Price Changed | $249,999 | -3.8% | $408 / Sq Ft |
| 10/09/2024 10/09/24 | For Sale | $259,999 | 0.0% | $425 / Sq Ft |
| 08/08/2020 08/08/20 | Rented | $1,500 | 0.0% | -- |
| 07/30/2020 07/30/20 | Price Changed | $1,500 | -6.3% | $2 / Sq Ft |
| 06/29/2020 06/29/20 | For Rent | $1,600 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,418 | $170,600 | -- | -- |
| 2024 | $333 | $170,600 | -- | -- |
| 2023 | $333 | $41,200 | $0 | $0 |
| 2022 | $309 | $40,000 | $0 | $0 |
| 2021 | $294 | $38,835 | $0 | $0 |
| 2020 | $283 | $38,299 | $0 | $0 |
| 2019 | $266 | $37,438 | $0 | $0 |
| 2018 | $246 | $36,740 | $0 | $0 |
| 2017 | $233 | $35,985 | $0 | $0 |
| 2016 | $224 | $35,245 | $0 | $0 |
| 2015 | $222 | $35,000 | $0 | $0 |
| 2014 | $221 | $34,723 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Miguel Solis
Douglas Elliman
(305) 343-9554
1 in this area
135 Total Sales
-
A
Seller Co-Listing Agent in 2025
Amapola Colon Ochoa
Douglas Elliman
(917) 586-5993
1 in this area
1 Total Sale
-
Buyer's Agent in 2025
Enrique Niebla
Conde Realty
(786) 715-0478
2 in this area
37 Total Sales
-
L
Seller's Agent in 2020
Lisbeth de Talavera
MMLS Assoc.-Inactive Member
-
Seller Co-Listing Agent in 2020
Mariana Talavera
Klerigi Realty LLC
(305) 890-7759
3 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11673206
APN: 01-4103-090-0080
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