Two-Unit Renovated
New
For Sale
$599,000
6228 NW 4th Ave, Miami, FL 33150
Residential Income, Miami, FL
Property Size1,639 SF
Lot Size0.13 Acres
Price / SF$365.47
Days on Market3
Property Features for 6228 NW 4th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
4600
Bedrooms
5
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking
4
Patio and Porch features
Patio
Exterior features
Fence, Fruit Trees, Patio
Fencing
Fenced
Subdivision
GORDON DALE PK
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-13-036-0040
Size
1,639 SF
Lot size
0.13 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Year
2025
Tax Description
GORDON DALE PARK PB 16-33 LOT 6 BLK 1 LOT SIZE 40.000 X 143 OR 13595-1999 0288 4 COC 26537-3312 08 2008 5
Tax Annual Amount
9068
Legal Description
GORDON DALE PARK PB 16-33 LOT 6 BLK 1 LOT SIZE 40.000 X 143 OR 13595-1999 0288 4 COC 26537-3312 08 2008 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Amenities
private front entrance
fenced yard
Building Details
Year built
1985
Floors in Building
1
Flooring type
Laminate
Building materials
CBS (Concrete Block Structure), Block
Roof type
Shingle
Listing Agency:
Compass Florida, LLC
(305) 697-5402
Listed By:
Jorge Andrade PA · License #3050246
(786) 587-6183
Added: Nov 3
Last Checked: Nov 5 at 9:06PM
MLS# A12109914
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.
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Investment Insights
Based on property information with market context.
This 1,639-square-foot CBS duplex contains two residences: one with three bedrooms and one bathroom, and another with two bedrooms and one bathroom. The property was built in 1985 and has been renovated. Central air conditioning, separate meters, a patio, and a fenced yard serve the building. The 5,720-square-foot lot includes four parking spaces and fruit trees.
The property is in Miami’s Little River/Edison district, near Miami Police North Station on NW 62nd Street and Miami Edison Senior High. I-95, Wynwood, the Design District, and Midtown are accessible from the area.
The property is in Miami’s Little River/Edison district, near Miami Police North Station on NW 62nd Street and Miami Edison Senior High. I-95, Wynwood, the Design District, and Midtown are accessible from the area.
Key Highlights
- Two occupied rental units with separate utility meters
- 1,639‑square‑foot CBS duplex on a 5,720‑square‑foot lot
- Three‑bedroom, one‑bathroom unit paired with a two‑bedroom, one‑bathroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,871
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,420
$657.4K
Cap Rate 7%
$469,586
$469.6K
Cap Rate 9%
$365,233
$365.2K
Market Conditions
NOI Build-Up for 1,639 SF
Gross rent
$50.2K $30.60/SF
− Vacancy
−$3.2K −$1.95/SF
EGI
$47.0K $28.65/SF
− OpEx
−$14.1K −$8.60/SF
NOI
$32.9K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,420
Cap Rate 7%
$469,586
Cap Rate 9%
$365,233
Alternative Uses
Best Use
Multifamily LT 5
$469.6K
$410.9K – $547.9K
NOI $32,871 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$432.5K
$378.5K – $504.6K
NOI $30,278 @ 7.0% cap · market cap 5.05%
Theoretical Best
Specialty Retail
$1.11M
$968.0K – $1.29M
NOI $77,443 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,814
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with separate utility meters and central air conditioning.
Where is this duplex located?
The property is located at 6228 NW 4th Ave Miami, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two occupied rental units with separate utility meters; 1,639‑square‑foot CBS duplex on a 5,720‑square‑foot lot; Three‑bedroom, one‑bathroom unit paired with a two‑bedroom, one‑bathroom unit
