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2231 NW 4th Ter
Single Family
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$799,000

$375/sqft

2231 NW 4th Ter, Miami

Great $/sqft
6 bd·4 ba·2,128 sqft
Built 19285,500 sqft lotCitrus Grove

2231 NW 4th Ter, Miami, FL

6 bd · 4 ba · 2,128 sqft Single Family listed at $799,000, built in 1928 in the Citrus Grove neighborhood.

About this home

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.

Property details

Price
$799,000
Bedrooms
6
Bathrooms
4
Interior
2,128 sqft
Price / sqft
$375
Year built
1928
Lot size
5,500 sqft
Type
Single Family
Days on market
53
Est. property tax
$6,871/yr · $573/mo · 0.86% FL avg
Last sold
$404,500 · Aug 2019
Virtual tour

Estimated monthly payment

Down payment20% ($159,800)
Interest rate6.75%
Principal & Interest$4,146
Property Tax$732
Insurance$150
Total$5,028/mo

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Price history

▼ 5.4%Most recent change on 2026-04-20: $845,000 → $799,000.

$923K$458K$-7K$70K on Jun 91 (Sold)$110K on Dec 99 (Sold)$172K on Oct 02 (Sold)$300K on May 15 (Initial list)$280K on Jun 15 (Price change)$280K on Jul 15 (Relisted)$280K on Jul 16 (Price change)$370K on Sep 18 (Initial list)$360K on Nov 18 (Sold)$475K on May 19 (Initial list)$460K on Jun 19 (Price change)$405K on Aug 19 (Sold)$845K on Mar 26 (Initial list)$799K on Apr 26 (Price change)
$70K · Jun 91$799K · Apr 26
  1. Apr 20, 2026$799,000Price change
  2. Mar 3, 2026$845,000Initial list price
  3. Aug 6, 2019$404,500Sold
  4. Jun 15, 2019$460,000Price change
  5. May 30, 2019$475,000Initial list price
  6. Nov 2, 2018$360,000Sold
  7. Sep 6, 2018$370,000Initial list price
  8. Jul 6, 2016$279,900Price change
  9. Jul 12, 2015$279,900Relisted
  10. Jun 29, 2015$279,900Price change
  11. May 12, 2015$299,900Initial list price
  12. Oct 31, 2002$172,000Sold
  13. Dec 23, 1999$110,000Sold
  14. Jun 20, 1991$70,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 2231 NW 4th Ter, Miami
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Home Intelligence

Neighborhood (zip 33125)

This neighborhood is primarily renter-occupied (24% owner-occupied). Median age is 42.6; 13% hold a bachelor's degree; median household income is $37,370.

Median income
$37,370
Median age
42.6
Owner-occupied
23.9%
Bachelor's degree
13.0%
Census median home value
$339,300

Source: US Census Bureau American Community Survey 5-year estimates.

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