7815 NW 4th Ave, Miami, FL, 33150
7815 NW 4th Ave, Miami, FL, 33150 - Image 27815 NW 4th Ave, Miami, FL, 33150 - Image 37815 NW 4th Ave, Miami, FL, 33150 - Image 47815 NW 4th Ave, Miami, FL, 33150 - Image 5

7815 NW 4th Ave, Miami, FL, 33150

10 bedrooms · 6 baths · 2,880 sq.ft.

MAJOR PRICE IMPROVEMENT - NOW OFFERED AT $800,000, DOWN $100,000 FROM THE PREVIOUS $900,000 ASKING PRICE. Reintroduced to the market, 7815 NW 4th Avenue is a fully occupied, newly built two-story duplex featuring two spacious five-bedroom, three-bathroom units-10 bedrooms and six bathrooms total. Unit A is rented for $3,500 per month, while Unit B is rented for $3,065 per month, generating combined gross income of $6,565 monthly or $78,780 annually. Each unit has its own individual water and electric meters, allowing tenants to pay for their utility consumption and helping reduce the landlord's operating expenses. Current rents support DSCR financing with approximately 25% down, subject to lender underwriting, appraisal-supported market rents, and final loan terms. Completed in 2024, the property offers approximately 2,880 square feet of living area on a 7,051-square-foot lot. Modern finishes include stainless-steel appliances, wood cabinetry, granite countertops, contemporary flooring, and generous outdoor space. Located east of I-95 with convenient access to Little River, Miami Shores, Biscayne Boulevard, Wynwood, and Downtown Miami. At $400,000 per unit and an 11% reduction from the previous asking price, this is a compelling opportunity to acquire a newer, stabilized multifamily asset with immediate income and minimal near-term maintenance.

Information

Property typeMulti Family
Size2,880 sq.ft.
Year built2024
Stories2
Price per sq.ft.USD 278
ConstructionNew construction
Last sold2018-06-29
Last sold priceUSD 82,000
CountyMiami-Dade
ZIP code33150
LocationMiami, United States

USD 800,000

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Where it's located

Miami, United States

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