Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Composition
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33150
Street:
7815 Nw 4th Ave, Miami, Florida 33150
Longitude:
W81° 47' 48.4''
Latitude:
N25° 50' 48''
MLS Addon
Building Area:
2,880 Sqft
Construction Materials:
Metal Frame
Flooring:
Vinyl
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
01-31-12-015-0030
Subdivision Name:
LITTLE RIVER GARDENS
Tax Annual Amount:
$11,375
Utilities
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Residential Income For Sale

7815 Nw 4th Ave, Miami, Florida 33150, Miami, Florida 33150

2,880 Sqft
$800,000
MLS # #A12084781
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$800,000
Square Footage :
2,880 Sqft
Year Built :
2024
MLS # :
A12084781
Agent info
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