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    Renovated Duplex with Two Units Title is generated by Realmo AI

    7612 Northwest 4th Avenue, Miami, FL 33150

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    For Sale
    $640,000

    Fully renovated duplex offering two separate living units with updated kitchens and bathrooms on a spacious lot.

    Type:Multi-Family Income / Duplex
    Property size:
    1,620 SF
    Price / SF:
    $395/SF
    Added:
    May 26, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 6 at 5:44 am

    Property Features for 7612 Northwest 4th Avenue

    General Information

    Standard status
    Active
    Size
    1,620 SF
    Property subtype
    Multi-Family Income / Duplex

    Building Details

    Year Built
    1934

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    Listing Contact
    Danae Lugo

    Listing agent Danae Lugo License #3514651

    Listing office Miranda & CO Realty LLC

    Listing date May 26, 2026

    Source Compass

    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 Miranda & CO Realty LLC

    HighLights

    • Fully renovated duplex built in 1934, offering two separate living units
    • Each unit features updated kitchens with contemporary cabinetry
    • Updated bathrooms with elegant finishes in both units
    • Bright open living spaces with large windows for natural light
    • Spacious lot provides privacy and outdoor potential
    • Convenient location near major highways, shopping, dining, and everyday conveniences

    Overview

    This fully renovated duplex presents two separate units with modern upgrades throughout. Each unit features sleek kitchen finishes with contemporary cabinetry, updated bathrooms, and bright, open living spaces supported by large windows for natural light. The overall layout is designed to be comfortable and functional for everyday living, whether used for long-term rentals or for an owner-occupant arrangement.

    The property is set on a spacious lot, providing separation and room for outdoor enjoyment. The home is located conveniently near major highways and offers access to shopping, dining, and everyday conveniences.

    With two distinct units, the duplex provides a straightforward configuration for tenants seeking independent spaces, or for buyers looking for a residence that also supports an additional income stream. Recent renovations throughout the interior help reduce the need for immediate updates, while the well-designed layouts can support multi-generational use or ongoing rental occupancy.

    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 $49.6k $30.60
    − Vacancy −$3.2k −$1.95
    EGI $46.4k $28.65
    − OpEx −$13.9k −$8.60
    NOI $32.5k $20.06
    1,620 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $464.1K
    $406.1K – $541.5K (±1% cap)
    NOI $32,490 @ 7.0% cap · market cap 5.08%
    Second Best
    Apartment 5plus
    $427.5K
    $374.1K – $498.8K (±1% cap)
    NOI $29,927 @ 7.0% cap · market cap 4.68%
    Theoretical Best
    Specialty Retail
    $1.09M
    $956.8K – $1.28M (±1% cap)
    NOI $76,546 @ 7.0% cap · market cap 11.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.189079
    Latitude
    25.855533

    FAQs

    What type of property is this?
    Duplex - Fully renovated duplex offering two separate living units with updated kitchens and bathrooms on a spacious lot.
    Where is this duplex located?
    The property is located at 7612 Northwest 4th Avenue 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: Fully renovated duplex built in 1934, offering two separate living units; Each unit features updated kitchens with contemporary cabinetry; Updated bathrooms with elegant finishes in both units
    More about this property
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