For Sale
$2,000,000

6850-6852 4Th Ave Miami, FL 33150

New Construction, 6 Beds, 6 Baths, High Cap Rate

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A, new construction duplex in Miami's vibrant Little River neighborhood presents a compelling investment opportunity. Completed in 2024, this property boasts two units, each featuring three bedrooms and three bathrooms, totaling six bedrooms and six full bathrooms across the entire property. Ample parking is provided with three-car spaces per unit (six total) within the property lines, supplemented by convenient street parking. Residents will enjoy a private backyard oasis. Located in the rapidly developing Little River area, this duplex offers easy access to Miami's most desirable neighborhoods, including the Design District, Midtown, Edgewater, Wynwood, Miami Beach, and Downtown. The property's proximity to the emerging Magic City Innovation District further enhances its long-term investment potential. The asking price is $2,000,000, representing a strong 4.80% cap rate. This is a turnkey investment ready for immediate income generation. Note that provided images are renderings and may differ from the final product. The property is a single-story building situated at 6850-6852 NW 4th AVE, Miami, FL 33150, in Miami-Dade County.

Highlights

  • $2,000,000 Asking Price
  • Class A, Multifamily Apartment Building (Duplex) in Miami, FL
  • 2 Units, 6 bedrooms, 6 bathrooms, 6 parking spaces
  • New Construction (2024), 1 Story
  • 4.80% Cap Rate

Property Details for 6850-6852 4Th Ave

Property type
Apartment buildings, Small apartment buildings
Class
A
Year Built
2024
Stories
1
Units
2

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8376995
Longitude
-80.2035891

FAQs

What type of property is this?
Apartment building - New Construction, 6 Beds, 6 Baths, High Cap Rate
Where is the apartment building located?
The property is located at 6850-6852 4Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 Asking Price; Class A, Multifamily Apartment Building (Duplex) in Miami, FL; 2 Units, 6 bedrooms, 6 bathrooms, 6 parking spaces
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6850-6852 4Th Ave
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