7815 NW 4th Ave, Miami, FL 33150

Description of 7815 NW 4th Ave, Miami, FL 33150

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.

Property Details for 7815 NW 4th Ave, Miami, FL 33150

Flooring

Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Other

Pool Private

No

Year Built Details

New Construction

Property Condition

New Construction

Building Information for 7815 NW 4th Ave, Miami, FL 33150

Building Name

LITTLE RIVER GARDENS

Building Area Total

2880

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Property Information for 7815 NW 4th Ave, Miami, FL 33150

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Metal Construction

Roof

Composition Roll

Sewer

Public Sewer

New Construction

Yes

Public Records for 7815 NW 4th Ave, Miami, FL 33150

Parcel Number

01-31-12-015-0030

Tax Annual Amount

$11,375

Tax Year

2,025

Tax 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

Zoning

5700

County Or Parish

Miami-Dade County

Location