Interior
- Bathrooms
- 0
- Living area
- 3,998 sq ft
- Flooring
- Ceramic Tile
- Cooling
- Central Air
- Heating
- Central
418 NW 9th Ave, Miami, FL 33128
Quadruplex · Active
$1,470,000
Miami Foreclosures
418 NW 9th Ave, Miami, FL 33128
- Bedrooms
- —
- Bathrooms
- 0
- Interior
- 3,998 sq ft
- Price / sq ft
- $368/sq ft
- Built
- 1937
- Lot
- —
The residence
Exceptional opportunity to acquire a fully renovated LEGAL 5-unit multifamily property in the heart of Little Havana. Featuring a desirable mix of spacious 3/1 and 2/1 units, the property has been thoughtfully updated with modern finishes and upgraded systems, minimizing maintenance and maximizing tenant appeal. Ideally located just minutes from Downtown and Brickell also to mention its close to the Miami River, this turn-key asset offers immediate cash flow with strong rental demand and long-term upside in one of Miami’s most dynamic rental markets. Financing Options are now available.
Property location
Get Directions418 NW 9th Ave, Miami, FL 33128
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1937
- Architectural style
- Fourplex
- Roof
- Shingle
- Construction
- Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $12,687
- Subdivision
- BRICKELL RIVERVIEW
- County
- Miami-Dade
- Days on market
- 0
- MLS listing ID
- A12122685
- Listing status
- Active
Virtual tour
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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
$1,232
- Cap rate
- 6.7%
- Net yield
- 6.7%
- Cash-on-cash return
- 3.6%
- Gross yield
- 9.2%
- Mortgage payment
- $6,969/mo
- Down payment
- $367,500
- Loan amount
- $1,102,500
- Annual NOI
- $98,404
Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.