5140 NW 5Th Ave, Miami, FL 33127

This exceptional Miami, Florida multifamily investment presents a rare opportunity to acquire a brand-new, four-unit property ideally situated in a rapidly developing neighborhood. Built in 2022, this two-building, two-story complex boasts four identical units, each featuring three bedrooms and two and a half bathrooms. Each unit includes private pool access, a large shared backyard perfect for entertaining, and modern amenities such as brand new appliances, central air conditioning, impact windows, and in-unit washer/dryers. The property offers a current NOI of $300,000, translating to a 7.93% cap rate, with a pro-forma NOI of $360,000 and a pro-forma cap rate of 9.51%. The asking price is $3,785,000, or $946,250 per unit. This turnkey investment is structured for a 1031 exchange and presents low maintenance and significant upside rental potential. Its prime location offers convenient access to Wynwood, the Design District, Brickell, and Miami's beaches, as well as Miami International Airport. Owner financing is also available. This is an exceptional opportunity for investors seeking a high-return, low-maintenance property in a thriving Miami community.