Duplex with Private
New
For Sale
$1,575,000
Pending
6852-6850 Nw 4th Ave, Miami, FL 33150
Each residence offers three bedrooms, three bathrooms, laundry facilities, and outdoor space.
Property Size2,946 SF
Days on Market6
Property Features for 6852-6850 Nw 4th Ave
General Information
Standard status
Pending
Size
2,946 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
5700
Site & Location
Neighborhood
Edison
Units
Unit Mix
2 x 3BR/3BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,871
Amenities
laundry
backyard
sideyard
Tile
true
3
Blinds,Impact Glass
Plans
false
< 1/4 Acre
Public
EDGE DUPLEX
6
Lighting,Patio,Security/High Impact Doors
2946
Building Details
Building Size
2,946 SF
Year Built
2025
Buildings
1
Stories
1
Listing Agency:
(800) 326-2567
Listed By:
Michael Major · License #BK3263112
(954) 642-4235
Source:
Majorrealestate
Added: Oct 26
Changed: Oct 30
Last Checked: Oct 30 at 4:32AM
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 Michael Major
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2025, this Miami duplex contains two residences, each with three bedrooms and three full bathrooms. The property totals six bedrooms and six bathrooms, with 18-foot ceilings, laundry facilities, and backyard and sideyard areas. On-site parking accommodates six vehicles, with three spaces allocated to each side.
The property is near the Design District, Midtown, Edgewater, Wynwood, Miami Beach, and Downtown.
The property is near the Design District, Midtown, Edgewater, Wynwood, Miami Beach, and Downtown.
Key Highlights
- Two residences, each with 3 bedrooms and 3 full bathrooms
- 6 on‑site parking spaces, with 3 spaces for each side
- 18‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,156
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,123,120
$1.1M
Cap Rate 7%
$802,229
$802.2K
Cap Rate 9%
$623,956
$624.0K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$85.7K $30.60/SF
− Vacancy
−$5.5K −$1.95/SF
EGI
$80.2K $28.65/SF
− OpEx
−$24.1K −$8.60/SF
NOI
$56.2K $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%
$1,123,120
Cap Rate 7%
$802,229
Cap Rate 9%
$623,956
Alternative Uses
Best Use
Multifamily LT 5
$802.2K
$702.0K – $935.9K
NOI $56,156 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$738.9K
$646.6K – $862.1K
NOI $51,726 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.21M
NOI $132,301 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, three bathrooms, laundry facilities, and outdoor space.
Where is this duplex located?
The property is located at 6852-6850 Nw 4th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 3 full bathrooms; 6 on‑site parking spaces, with 3 spaces for each side; 18‑foot ceilings
