6745 NW 4th Ct, Miami, FL 33150 — MLS photo

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6745 NW 4th Ct, Miami, FL 33150

Active · Duplex

$640,000

6745 NW 4th Ct, Miami, FL 33150

Beds
—
Baths
0
Living area
1,500 sq ft
$ / sq ft
$427/sq ft
Year built
1985
Lot size
—
HOA fee
—
Annual tax
$592,007

About this property

RARE OPPORTUNITY – AMAZING INVESTMENT IN A HIGH-GROWTH AREA! Well-maintained duplex located in the heart of Little River, one of Miami’s most rapidly transforming neighborhoods, just blocks from the highly anticipated Magic City Innovation District. Surrounded by new construction and major redevelopment, opportunities like this are becoming increasingly scarce. Minutes from Wynwood, major highways, and only 15 minutes to Miami International Airport. This limited-supply multifamily asset offers strong current income with immediate upside. The property features ample parking in front, two spacious units with central A/C, a newer roof, fully renovated kitchens with granite countertops, tankless water heaters, remodeled bathrooms, impact windows, and a charming backyard—making it highly attractive to quality tenants. Designed for maximum efficiency and minimal owner expenses, each unit has independent electric and water meters, and tenants pay ALL utilities. The property is occupied by excellent, stable tenants with signed leases and security deposits in place. Pre-agreed rent increases to $2,200 and $2,300 provide built-in value growth without renovations or lease turnover. Ideal for investors seeking a turn-key, low-maintenance, cash-flowing duplex in a market where multifamily inventory is extremely limited and demand continues to rise. Secure a foothold in one of Miami’s most promising corridors before pricing moves even higher.

Property location

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6745 NW 4th Ct, Miami, FL 33150

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Facts & features

Interior

Bathrooms
0
Living area
1,500 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Duplex
Year built
1985
Roof
Shingle
Construction
Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$592,007
Subdivision
7 TH AVENUE HIGHLANDS
County
Miami-Dade
Days on market
2
MLS listing ID
A11958480
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$48,727

Cap rate
-85.7%
Net yield
-85.7%
Cash-on-cash return
-326.3%
Gross yield
8.4%
Mortgage payment
$3,034/mo
Down payment
$160,000
Loan amount
$480,000
Annual NOI
-$548,319

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.