7815 4th Ave ,Other, Duplex, Little River Gardens for Sale

7815 4th Ave for Sale

Price $800,000.00

• Lot size 2880
• Year Build 2024
• Waterfront
• Zip 33150
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

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.

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

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.8466285,Cooling Y N:1,Heating Y N:1,List Price:800000,Listing Id:A12084781,Longitude:-80.2032632,Mls Status:Active,Year Built:2024,Living Area:2880,Postal Code:33150,Street Name:4th Ave,Coordinates:1:25.8466285,Photos Count:43,Building Name:LITTLE RIVER GARDENS,Listing Terms:1:Conventional,2:FHA,3:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Little River Gardens,On Market Date:2026-09-07,Parcel Number:01-31-12-015-0030,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:2,Street Number:7815,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-03-01,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2915,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:LITTLE RIVER GARDENS,Tax Annual Amount:11375,Unparsed Address:7815 NW 4th Ave, Miami FL 33150,Listing Agreement:Exclusive Right To Sell,Year Built Details:New Construction,Building Area Total:2880,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:277.7778,New Construction Y N:1,Original List Price:800000,Public Survey Range:31,Documents Available:1:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:2,Syndication Remarks: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.,Listing Contract Date:2026-09-07,Originating System I D:miamire,Public Survey Section:12,Showing Instructions:Call Listing Agent,Street Number Numeric:7815,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,M I A M I R E_ Current Price:800000,Public Survey Township:31,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:362000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:2624,M I A M I R E_ Internet Remarks:Now $800K after $100K reduction! Fully occupied 2024 duplex: two 5BR/3BA units, $78,780 annual rent, separate utilities and DSCR potential.,M I A M I R E_ Parcel Number M L X:0030,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.846653$-80.203218$123.15$13.33$1.00$7xgY40n4UCKOOv-cDdLO3w,Contract Status Change Date:2026-09-07,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:15,M I A M I R E_ Agent Alternate Phone:305-510-6627,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:7815 NW 4th Ave,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:277.78,Internet Automated Valuation Display Y N:1,