Duplex with Impact
For Sale
$640,000
6745 NW 4th Ct, Miami, FL 33150
Two residences feature separate utility meters, central air conditioning, and updated kitchens and bathrooms.
Property Size1,500 SF
Price / SF$426.67
Days on Market270
Property Features for 6745 NW 4th Ct
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Duplex
Site & Location
Neighborhood
Edison
Highway Access
Yes
Utilities to Site
Yes
Units
Multifamily Units
2
Individually Metered Utilities
electricity, water
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$592,007
Amenities
central air conditioning
ample parking
impact windows
granite countertops
tankless water heaters
backyard
Building Details
Building Size
1,500 SF
Year Built
1985
Buildings
1
Tenancy
Multi
Listing Agency:
Avanti Way Realty LLC
Listed By:
Natalia Murgueitio · License #3502465
(321) 295-1139
Source:
Brosdaandbentley
Added: Feb 3
Changed: Oct 26
Last Checked: Oct 26 at 12:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avanti Way Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1985, this 1,500-square-foot duplex contains two units with central air conditioning. Interior features include renovated kitchens with granite countertops, updated bathrooms, tankless water heaters, and impact windows. The property also has a newer roof, a backyard, and parking in front. Each unit has its own electric and water meters, and the property is occupied under signed leases.
The duplex is in Miami’s Little River neighborhood, a few blocks from the Magic City Innovation District. The property’s two-unit layout, separate utility metering, and existing residential improvements provide a clear, functional configuration.
The duplex is in Miami’s Little River neighborhood, a few blocks from the Magic City Innovation District. The property’s two-unit layout, separate utility metering, and existing residential improvements provide a clear, functional configuration.
Key Highlights
- Two‑unit duplex with 1,500 square feet; built in 1985
- Separate electric and water meters for each unit
- Impact windows and central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,083
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,660
$601.7K
Cap Rate 7%
$429,757
$429.8K
Cap Rate 9%
$334,256
$334.3K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.9K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$43.0K $28.65/SF
− OpEx
−$12.9K −$8.60/SF
NOI
$30.1K $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%
$601,660
Cap Rate 7%
$429,757
Cap Rate 9%
$334,256
Alternative Uses
Best Use
Multifamily LT 5
$429.8K
$376.0K – $501.4K
NOI $30,083 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$395.9K
$346.4K – $461.8K
NOI $27,710 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$1.01M
$886.0K – $1.18M
NOI $70,876 @ 7.0% cap · market cap 11.07%
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
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,583
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 - Two residences feature separate utility meters, central air conditioning, and updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 6745 NW 4th Ct Miami, FL.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,500 square feet; built in 1985; Separate electric and water meters for each unit; Impact windows and central air conditioning
