Log In/Sign Up
Your email has been sent.
147 NW 61st St
Miami, FL 33127
New 2025 Construction Fourplex | 100% Leased · Multifamily Property For Sale
·
4 Units
Investment Highlights
- One mile north of the Miami Design District with fast access to I-95 and I-195
- 100% leased to Section 8 tenants, rent paid directly by the housing authority each month
- $180,756 in-place annual income at a 6% going-in cap rate, net of buyer's reassessed taxes
- Four spacious 4-bedroom units — the scarcest, most in-demand voucher layout in Miami-Dade
- Brand-new 2025 concrete block construction with active builder warranty and minimal near-term capex
- Built-in upside: two units rent below the level already approved on a comparable unit here
Executive Summary
Brand-new 2025-built fourplex for sale in Miami's Little Haiti — 100% leased to Section 8 tenants, all spacious 4-bedroom units, producing $180,756 in authority-paid annual income at a 6% going-in cap rate.
This is a durable, recession-resistant income play for investors seeking reliable cash flow. The all four-bedroom configuration is the scarcest and most in-demand voucher layout across Miami-Dade, carrying the deepest Section 8 demand, with rent paid directly by the housing authority each month.
The property is a fourplex of four large four-bedroom residences totaling 6,299 SF of building area on a 9,250 SF lot. Concrete block construction built to current Florida hurricane codes, separately metered units, and an active builder warranty keep operating costs and near-term capital needs low, and tenants pay their own utilities. Zoned T3-O. The 6% going-in cap rate is based on a single owner-operator proforma that already includes the buyer's reassessed, post-sale property taxes. Two of the four units rent below the level already approved on a comparable unit in the building, leaving a clear path to additional income at renewal.
Located in the Little Haiti / Buena Vista submarket, one mile north of the Miami Design District and minutes from Wynwood, Midtown, I-95, and I-195. Offered at $547,500 per unit — below the cost to build the same product today — in one of Miami's most rental-driven corridors.
This is a durable, recession-resistant income play for investors seeking reliable cash flow. The all four-bedroom configuration is the scarcest and most in-demand voucher layout across Miami-Dade, carrying the deepest Section 8 demand, with rent paid directly by the housing authority each month.
The property is a fourplex of four large four-bedroom residences totaling 6,299 SF of building area on a 9,250 SF lot. Concrete block construction built to current Florida hurricane codes, separately metered units, and an active builder warranty keep operating costs and near-term capital needs low, and tenants pay their own utilities. Zoned T3-O. The 6% going-in cap rate is based on a single owner-operator proforma that already includes the buyer's reassessed, post-sale property taxes. Two of the four units rent below the level already approved on a comparable unit in the building, leaving a clear path to additional income at renewal.
Located in the Little Haiti / Buena Vista submarket, one mile north of the Miami Design District and minutes from Wynwood, Midtown, I-95, and I-195. Offered at $547,500 per unit — below the cost to build the same product today — in one of Miami's most rental-driven corridors.
Property Facts
| Price Per Unit | $547,500 | Building Class | B |
| Sale Type | Investment | Building Size | 5,369 SF |
| Cap Rate | 6% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | T3-O - T3-O Sub-Urban Transect Zone (Open), City of Miami (Miami 21). | ||
| Price Per Unit | $547,500 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 5,369 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | T3-O - T3-O Sub-Urban Transect Zone (Open), City of Miami (Miami 21). |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 4 | - | - |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
