Listed by Fausto Commercial
$2,190,000
Brand-New 2025 Fourplex | All 4-Bedroom
Details
APN 01-31-13-052-0071
Property Type Multifamily
Sub Type Apartment Building, Fourplex
Square Footage 6,299
Units 4
Cap Rate 6.00%
NOI $131,300
Occupancy 100%
Price per SqFt $348
Year Built 2025
Stories 2
Lot Size (SqFt) 9,250
Zoning 5700
Parking Spaces 8 spaces
Parking per 1,000 SqFt 1.27
6% Cap | Little Haiti, Miami
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.
Listing Contacts
Listed by Fausto Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$131,300.00
$10,941.67/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
T3-O ResidentialSingle FamilySuburban Transect Open
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View all 49 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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