$800,000
7815 NW 4th Ave, Miami FL 33150
54 days on market
- Living area
- 2,880 sqft
- Price per sqft
- $278
- Type
- Duplex
- Year built
- 2024
- Taxes
- $11,375/yr
- MLS #
- A12084781
About this home
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.
Estimated subtotal
$948/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $948
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33150
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.