Newer Two-Story
For Sale
$800,000
7815 NW 4th Avenue, Miami, FL 33150
Fully occupied property with two five-bedroom, three-bathroom residences and separately metered utilities.
Property Size2,880 SF
Lot Size0.16 Acres
Price / SF$277.78
Days on Market50
Property Features for 7815 NW 4th Avenue
General Information
Standard status
Active
Size
2,880 SF
Total Parking Spaces
4
Lot size
0.16 Acres
Property subtype
Residential Income
Zoning
5700
Occupancy
100%
Financials
Asking Price
$800,000
Gross Income
$78,780
Site & Location
Neighborhood
Little River Central
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 5BR/3BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,375
Building Details
Building Size
2,880 SF
Year Built
2024
Buildings
1
Stories
2
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Vicente Rodriguez · License #3289280
(305) 510-6627
Source:
Laerrealty
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 28 at 5:01AM
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 Fausto Commercial Realty Consultants Inc
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Investment Insights
Based on property information with market context.
Completed in 2024, this two-story duplex contains two five-bedroom, three-bathroom units totaling approximately 2,880 square feet of living area. The 7,051-square-foot lot provides outdoor space, while each residence includes stainless-steel appliances, wood cabinetry, granite countertops, and contemporary flooring. Separate water and electric meters assign utility consumption to each unit. The property is fully occupied and generates rental income from both residences.
Located at 7815 NW 4th Avenue, the duplex sits east of I-95 with access to Little River, Miami Shores, Biscayne Boulevard, Wynwood, and Downtown Miami. The property is identified with zoning code 5700 and offers a newer multifamily configuration in a Miami location.
Located at 7815 NW 4th Avenue, the duplex sits east of I-95 with access to Little River, Miami Shores, Biscayne Boulevard, Wynwood, and Downtown Miami. The property is identified with zoning code 5700 and offers a newer multifamily configuration in a Miami location.
Key Highlights
- Two five‑bedroom, three‑bathroom units; 10 bedrooms and six bathrooms total
- Approximately 2,880 square feet on a 7,051‑square‑foot lot
- Completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,760
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,155,200
$1.2M
Cap Rate 7%
$825,143
$825.1K
Cap Rate 9%
$641,778
$641.8K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$88.1K $30.60/SF
− Vacancy
−$5.6K −$1.95/SF
EGI
$82.5K $28.65/SF
− OpEx
−$24.8K −$8.60/SF
NOI
$57.8K $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%
$1,155,200
Cap Rate 7%
$825,143
Cap Rate 9%
$641,778
Alternative Uses
Best Use
Multifamily LT 5
$825.1K
$722.0K – $962.7K
NOI $57,760 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$760.0K
$665.0K – $886.7K
NOI $53,203 @ 7.0% cap · market cap 6.65%
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.27M
NOI $136,081 @ 7.0% cap · market cap 17.01%
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
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,726
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 - Fully occupied property with two five-bedroom, three-bathroom residences and separately metered utilities.
Where is this duplex located?
The property is located at 7815 NW 4th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two five‑bedroom, three‑bathroom units; 10 bedrooms and six bathrooms total; Approximately 2,880 square feet on a 7,051‑square‑foot lot; Completed in 2024
