7815 NW 4th Ave Miami, FL 33150
2,880 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $277
Subdivision Little River Gardens
MLS Listing ID A12084781
HOA Y/N No
Year Built 2024
Annual Tax Amount $11,375
Tax Year 2025
Property Sub-Type Duplex
Property Description
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.
Location
State FL
County Miami-dade
Community Little River Gardens
Area 32
Zoning 5700
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Metal Frame
Others
Tax ID 01-31-12-015-0030
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12084781
