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7815 NW 4th Ave

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Address: 7815 NW 4th Ave, Miami, FL 33150, USA

Florida & Gulf Coast + 2-4 Units

Created date: May 9, 2024

Date last updated: October 21, 2024

Property Description

MSP Group LLC is proud to be the exclusive listing agent for this unique new construction duplex located at 7815 NW 4th Avenue in Miami’s up and coming east Little River Neighborhood. The property is well located, sitting just east of I-95 and the 79th Street exit. The property is located just south of 79th Street which is a crucial east-west artery within Miami-Dade county. 79th Street provides access to Bay Harbor Islands and Bal Harbor to the east and Hialeah to the west. 7815’s central location, 3 blocks east of I95 and 1.17 miles from US1/Biscayne Boulevard, allows its residents easy access to numerous major employment centers in all directions. These large floor plans in a central location will provide housing that is convenient for people working all around Miami Dade county. In recent years, 79th street has seen numerous investments in land along 79th Street to the east. River Haus, a 154-unit development rising 8 stories on the north side of 79th Street only a half mile from 7815 NW 4th Avenue, had been proposed and submitted to Miami-Dade county for review. To the west, Miami Dade county has implemented the 79th Street Corridor initiative with numerous sites identified by the CRA for redevelopment. Both units at the property are 1,500 SF +/- each boasting an impressive 5 bed/3.5 baths with each unit being individually metered for both water and electricity. The buildings innovative construction used steel shipping containers, impact windows and doors providing a storm-proof structure. The construction results in low insurance costs coupled with no landlord paid utilities keeping expenses at a minimum. The duplex sits atop a 7,051 SF lot providing each unit with a sizable private backyard. The new owner will have the ability to rent to multiple types of tenants due to the high demand floor plans providing for an excellent cash flowing property.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$900,000
No. of Units:	2
Year Built:	2024
Lot Size:	0.16 Sq ft
Opportunity Zone:	No
Price per unit:	$450,000
Property Website	Click Here