WorkspaceDiscoverMultifamily · Miami · Miami-Dade County
6314 NW 4th Ave, Miami
One whole duplex offering at $555,000 on a reported 8,580 SF lot. The broker advertises a motivated seller, cash terms and an additional efficiency. The efficiency’s permitted use and rent remain unverified.
Recorded status: Broker page reported active; redevelopment research candidate. Checked: .
Dated listing record · recheck availability and legal unit count.
- Asking price
- $555,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 2% | Matches planning allowance |
| Annual insurance | $8,225 | Matches planning allowance |
| Annual owner-paid utilities | $2,400 | Matches planning allowance |
| Monthly HOA or condo fees | $100 | Matches planning allowance |
| Other annual operating expenses | $1,200 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
Broker-described duplex plus an efficiency. Two duplex units used for screening pending permit and occupancy review.
- Reported units
- 2
- Reported listing area
- 2,152 sq ft
- Reported year built
- 1929
- Asking / reported sq ft
- $258
- Reported 2025 tax / year
- $7,615
Historical tax is the seller’s bill; buyer taxes can change.
Why we’re tracking it
The $555,000 ask follows two recorded cuts from $595,000 to $575,000 and then $555,000. A nearby duplex with renovated kitchens closed at $565,000. Its size, lot and condition differ, so the comparison leaves renovation and development economics open.
Broker-described duplex plus an efficiency. Two duplex units used for screening pending permit and occupancy review.
The broker describes a duplex with an additional efficiency and markets the site for redevelopment. Cash terms and seller motivation are advertised.
Confirm the efficiency’s permitted use and obtain a parcel-specific development review.
Listed by EXP Realty South LLC and EXP Realty LLC · observed Nov 9, 2026Read the full agent description at Coldwell Banker ↗Broker info & key considerations To confirm
Motivated seller · two asking cuts · redevelopment research
Verify legal layout, lease terms and site feasibility, then price repairs and development costs.
- Broker advertises T5-R and potential for up to 12 residences subject to approval. Verify the parcel zoning, applicable density, site constraints and approvals before valuing additional units.
- The $7,615 figure is the broker-reported 2025 tax bill. Buyer taxes and costs require separate estimates.
- 6701 NW 5th Ave closed at $565,000 on July 31, 2026. It is a smaller 1,408 SF duplex with renovated kitchens and a double corner lot. Condition, permitted use and site economics differ.
Source evidence and diligence
Financial figures observed Nov 9, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- Coldwell Banker · EXP Realty South LLC and EXP Realty LLC · MLS A12093908Source observation · Nov 9, 2026
- Homes.com · MLS A12093908 asking historySource observation · Nov 9, 2026
- Coldwell Banker · July 31 closed duplex comparisonSource observation · Nov 9, 2026
Questions to resolve
- Verify parcel 01-31-13-036-0071, legal unit count, permitted efficiency, occupancy and lease terms.
- Obtain a parcel-specific zoning and development review, inspection and budget before underwriting.
- Reconcile the asking event dates across feeds. The $555,000 event appears on October 16 or 17 depending on source.
Similar properties
- 6326 NW 4th Ave, Miami: 4-unit multifamily, asking $595,000
- 229-230 NW 48th Ct, Miami: 2-unit multifamily, asking $650,000
- 259 NE 56th St, Miami: 2-unit multifamily, asking $699,999
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods