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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
2,880
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 & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$800,000
-
Tax Amount
$11,375
-
Zoning
5700
-
Sq. Footage
2,880
-
Price/SqFt
$277
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Vicente Rodriguez, Fausto Commercial Realty Consultants Inc
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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