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147 NW 61ST ST Miami FL 33127-1241

APN 01-31-13-052-0071

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 6,299
Lot SqFt 9,250
Acreage ******
Number of Units 4
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code T3-O
Year Built 2025
Opportunity Zone Yes
Lease Rate ******
Mortgage Amount ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Asking Details
Asking Price
$2,190,000
Asking Cap Rate
6%
Asking NOI
$131,300
Price/Sq Ft
$348
Price/Unit
$547,500
Marketing Description
Brand-new 2025 Section 8 fourplex in Little Haiti, 100% leased and producing $180,756 a year in dependable, authority-paid rent.​ All four units are large 4-bedroom homes, a scarce and high-demand layout in Miami-Dade.​ Concrete block, hurricane-rated, separately metered, and under builder warranty, so expenses stay low.​ Priced at $2,190,000 ($547,500/unit), below the cost to build today, for a 6% going-in cap on in-place rents with post-sale taxes included.​ Two units rent below the level already approved in the building, leaving room to grow income at renewal.​ One mile north of the Design District with quick access to I-95 and I-195.​ Turnkey, income-producing, and rare.​
Investment Highlights
  • 2025 new construction; concrete block, hurricane-rated, builder warranty.
  • All 4-bedroom unit mix; scarce, high-demand voucher product.
  • 100% Section 8 leased; authority-paid income of $180,756 per year.
  • 6% going-in cap, $131,300 NOI, post-sale taxes included.
  • $547,500 per unit, below replacement cost.
  • Tenants separately metered; low landlord operating burden.
  • Near the Miami Design District, Wynwood, Midtown, I-95, and I-195.
  • Built-in rent upside at renewal on two units.

Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description
Have a look at this BRAND NEW fourplex in the heart of Miami! All units are very spacious and each has 4 bedrooms, and the driveway has space for up to 8 vehicles. This property is a great investment, nestled in the middle of Miami and minutes from the highway there will always be a demand for units like this. Not only could you make up to $15,600 per month with nearly zero work, it is sure to appreciate greatly in the upcoming years. These don't come across the market very often so be sure to not miss this opportunity for a turn key brand new fourplex in the heart of Miami!

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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T3-O ResidentialSingle FamilySuburban Transect Open
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View all 49 uses
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
JB
Joao Barbosa
LIC: 3592191
•••.•••.6929
•••••••••sare@•••••.com
Sustainable RE, LLC.

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