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Three-Unit Triplex Investment

7625 NW 4th Ct Miami, FL 33150

7625 NW 4th Ct, Miami, FL, 33150
$850,000
For Sale
$850,000

MULTI_FAMILY - Miami, FL

Property Size2,108 SF
Price / SF$403.23
Days on Market45

Property Features for 7625 NW 4th Ct

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Rooms
Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 5
Parking
4
Standard status
Active
APN
01-31-12-040-0060
Size
2,108 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
12 53 41 PINEMOUNT PB 17-10 LOT 10 & N1/2 LOT 11 & N11FT OF W 20FT OF S1/2 LOT 11 BLK 2 & S1/2 OF ALLEY LYG N & ADJ CLOSED PER ORD 13492 LOT
Tax Annual Amount
11500

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air

Building Details

Year built
1957
Floors in Building
1
Flooring type
Terrazzo, Tile
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency Real Estate Sales Force
814 Ponce De Leon Blvd Suite 503, Coral Gables, FL
Listed by Ricardo Herrera · License #3477753
Added: Jun 4 Checked: Jul 18 at 5:06 pm
MLS# A11996135 Listing URL

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale triplex includes three separate residential units: a 4-bedroom, 2-bath unit with an in-unit washer and dryer; a 2-bedroom, 1-bath unit; and a 1-bedroom, 1-bath unit. The property provides approximately 2,108 square feet of living space on a 7,600 square foot lot. Recent upgrades include new impact windows and doors, a brand-new 2024 shingle roof, and a freshly painted exterior.

The property is located in Miami, Florida within Miami-Dade County (address: 7625 NW 4th Ct, Miami, FL 33150). The seller notes the triplex is just minutes from major highways, downtown, and the beach, supporting convenient day-to-day access for tenants.

From a tenant and owner standpoint, each unit is equipped with a separate FPL meter, which can simplify utilities and billing. With unit sizes spanning 1- to 4-bedroom layouts, the building offers flexibility for a range of household types while retaining a cohesive three-unit configuration. The property’s primary land use is Multifamily 2-9 Units, aligning with its triplex structure.

Key Highlights

  • Triplex built in 1957 with three separate units (7625, 7627, and 7629)
  • Approx. 2,108 sq ft of living space on a 7,600 sq ft lot
  • Unit 7625 features 4 bedrooms and 2 bathrooms with an in‑unit washer and dryer

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $64.5k $30.60
− Vacancy −$4.1k −$1.95
EGI $60.4k $28.65
− OpEx −$18.1k −$8.60
NOI $42.3k $20.06
2,108 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$604.0K
$528.5K – $704.6K (±1% cap)
NOI $42,277 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$556.3K
$486.8K – $649.0K (±1% cap)
NOI $38,942 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,604 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Dental Office Real Estate Agency Electrical Service Locksmith (Bike/Boat/Book/etc) Store Nursing Home Pet Store Pet Store & Service Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained triplex with three separate units and individual FPL meters for straightforward tenant billing.
Where is this triplex located?
The property is located at 7625 NW 4th Ct Miami, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Triplex built in 1957 with three separate units (7625, 7627, and 7629); Approx. 2,108 sq ft of living space on a 7,600 sq ft lot; Unit 7625 features 4 bedrooms and 2 bathrooms with an in‑unit washer and dryer
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