7815 NW 4th Ave
Miami, FL, 33150
$
800,000
Bedrooms5
Baths3.0
Sq
2,880
Monthly Estimate*
$
5,051
for $800,000 with 5 bedrooms and 3 full baths. This 2,880 square foot home was built in 2024.
MAJOR PRICE IMPROVEMENT — NOW OFFERED AT $800,000, DOWN $100,000 FROM THE PREVIOUS $900,000 ASKING PRICE.
Reintroduced to the market, 7815 NW 4th Avenue is a fully occupied, newly built two-story duplex featuring two spacious five-bedroom, three-bathroom units—10 bedrooms and six bathrooms total. Unit A is rented for $3,500 per month, while Unit B is rented for $3,065 per month, generating combined gross income of $6,565 monthly or $78,780 annually.
Each unit has its own individual water and electric meters, allowing tenants to pay for their utility consumption and helping reduce the landlord’s operating expenses. Current rents support DSCR financing with approximately 25% down, subject to lender underwriting, appraisal-supported market rents, and final loan terms.
Completed in 2024, the property offers approximately 2,880 square feet of living area on a 7,051-square-foot lot. Modern finishes include stainless-steel appliances, wood cabinetry, granite countertops, contemporary flooring, and generous outdoor space.
Located east of I-95 with convenient access to Little River, Miami Shores, Biscayne Boulevard, Wynwood, and Downtown Miami. At $400,000 per unit and an 11% reduction from the previous asking price, this is a compelling opportunity to acquire a newer, stabilized multifamily asset with immediate income and minimal near-term maintenance.
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Features
General
Sewer
Public Sewer
Heating
Central
Cooling
Central Air
Utilities
Cable Available
Possession
Close Of Escrow
Roof
Composition
Pool Features
None
Construction Materials
Metal Frame
Year Built
2024
Stories Count
2
Levels
Two
Property Subtype
Duplex
Tax Year
2025
County
Miami-Dade
Property Type
Residential Income
Subdivision Name
LITTLE RIVER GARDENS
Rent Includes
Gardener
Trash Collection
Full Baths
3
Status
Active
City
Miami
Zoning Description
5700
Number Of Units Total
1
MLS Area
32
Lot Size Units
Square Feet
Listing Terms
Cash
Conventional
FHA
VA Loan
Year Built Details
New Construction
Tax Annual Amount
11375
Virtual Tour
https://www.propertypanorama.com/instaview/mia/A12084781
Standard Status
Active
Occupancy Type
Tenant
Property Sub Type Additional
Duplex
Legal Description
LITTLE RIVER GARDENS PB 7-119 LOT 4 BLK 33 LESS W7FT FOR R/W LOT SIZE 7052 SQ FT M/L OR 25081-0611 10 2006 4
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Interior
Flooring
Vinyl
Air Conditioning Y/N
true
Heating Y/N
true
Half Baths
0
Total Bedrooms
5
Total Baths
0
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Exterior
Lot Features
< 1/4 Acre
Total Parking
4
Building Area Total
2880
Waterfront Y/N
false
Covered Spaces
0
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc
Broker
vr@faustocommercial.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $5,051
- Monthly Property Taxes
- $948
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Multi-family listings in Miami, FL
Average List Price
$1,128,647
Percent of Sale Price
41%
About Miami, FL
450,829
Population
25%
Since 2002
$
39,267
Median Income
40.58
Median Age
22%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338
Elementary School
4827337
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
9/7/2026
|
$800,000
|
|
Listed Price
|