Duplex with Redevelopment
6314 NW 4th Ave, Miami, FL 33150
For Sale
$555,000
Under Contract
Residential Income, Miami, FL
Property Size2,152 SF
Lot Size0.20 Acres
Price / SF$257.90
Days on Market48
Property Features for 6314 NW 4th Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
EXP Realty South LLC
(888) 883-8509
Listed By:
Romain Liberman · License FL #3542176
(786) 425-7774
Added: Sep 24
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# A12093908
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.
The property is a legal duplex with an additional efficiency, comprising 2,152 square feet of living area on an 8,580-square-foot lot. Built in 1929, it has laminate flooring and window or wall/window cooling. The property is offered in as-is condition.
T5-R zoning and a stated density of 65 units per acre indicate potential for up to 12 residential units, subject to City approvals and applicable development requirements. The property is in an Opportunity Zone.
T5-R zoning and a stated density of 65 units per acre indicate potential for up to 12 residential units, subject to City approvals and applicable development requirements. The property is in an Opportunity Zone.
Key Highlights
- 2,152 square feet of living area on an 8,580‑square‑foot lot
- Legal duplex with an additional efficiency
- T5‑R zoning; stated density of 65 units per acre
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,160
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,200
$863.2K
Cap Rate 7%
$616,571
$616.6K
Cap Rate 9%
$479,556
$479.6K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$65.9K $30.60/SF
− Vacancy
−$4.2K −$1.95/SF
EGI
$61.7K $28.65/SF
− OpEx
−$18.5K −$8.60/SF
NOI
$43.2K $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%
$863,200
Cap Rate 7%
$616,571
Cap Rate 9%
$479,556
Alternative Uses
Best Use
Multifamily LT 5
$616.6K
$539.5K – $719.3K
NOI $43,160 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$567.9K
$496.9K – $662.6K
NOI $39,755 @ 7.0% cap · market cap 7.16%
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,683 @ 7.0% cap · market cap 18.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,814
Businesses Nearby
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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
$377,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - T5-R zoning and stated density allowances support evaluation of a larger residential plan, subject to City approval.
Where is this duplex located?
The property is located at 6314 NW 4th Ave Miami, FL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 2,152 square feet of living area on an 8,580‑square‑foot lot; Legal duplex with an additional efficiency; T5‑R zoning; stated density of 65 units per acre
