Brand new 2025 Section 8 fourplex in Little Haiti, 100 leased and producing 180, 756 a year in dependable, authority paid rent.
| Website: | https://www.nestseekers.com/5602175 |
|---|---|
| Address: | Miami, FL 33127 |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$2,190,000
Annual Taxes:$5,915
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.
Amenities
- Cable - Available
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of Fausto Commercial Realty Consultants Inc | |