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Well-Maintained Duplex with Impact Windows

6745 NW 4th Ct Miami, FL 33150

6745 NW 4th Ct, Miami, FL, 33150
$640,000
For Sale
$640,000

MULTI_FAMILY - Miami, FL

Property Size1,500 SF
Price / SF$426.67
Days on Market160

Property Features for 6745 NW 4th Ct

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4
Parking
4
Standard status
Active
APN
01-31-13-024-2512
Size
1,500 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
SEVENTH AVE HIGHLANDS PB 14-13 LOT 9 BLK 14 LOT SIZE 40.000 X 100 OR 18211-2314 0798 1
Tax Annual Amount
592007

Utilities

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

Building Details

Year built
1985
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency Avanti Way Realty LLC
8400 NW 33rd Street #104 Suite 104, Miami, FL
Listed by Natalia Murgueitio · License #3502465
Added: Feb 6 Checked: Jul 16 at 4:06 pm
MLS# A11958480 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 well-maintained duplex includes two spacious residential units with central A/C, updated kitchens with granite countertops, remodeled bathrooms, and tankless water heaters. The property also features a newer roof and impact windows, along with a charming backyard. For operational efficiency, each unit has independent electric and water meters, and tenants pay all utilities.

The property is located at 6745 NW 4th Ct in Miami, FL 33150 (Miami-Dade County). The listing notes ample parking in front. Public remarks describe the area as undergoing active redevelopment, with proximity to the Magic City Innovation District, Wynwood, major highways, and about 15 minutes to Miami International Airport.

As an income-focused offering, the duplex is occupied by tenants with signed leases and security deposits in place. Public remarks also cite pre-agreed rent increases to $2,200 and $2,300, with the increases intended to take effect without renovations or lease turnover. With the tenant-paid utilities structure and multiple recent updates, this property may appeal to investors seeking a low-maintenance residential income asset.

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 $45.9k $30.60
− Vacancy −$2.9k −$1.95
EGI $43.0k $28.65
− OpEx −$12.9k −$8.60
NOI $30.1k $20.06
1,500 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$429.8K
$376.0K – $501.4K (±1% cap)
NOI $30,083 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$395.9K
$346.4K – $461.8K (±1% cap)
NOI $27,710 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$1.01M
$886.0K – $1.18M (±1% cap)
NOI $70,876 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

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

FAQs

What type of property is this?
Duplex - Turnkey duplex with two leased units, central A/C, impact windows, and separate utility metering.
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.
Contact an agent
More about this property
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