Unparalleled investment opportunity in Miami’s dynamic real estate market!
This expansive multi-family property at 9302 NW 4th Ave, built in 2006, is a rare find featuring 10 bedrooms and 12 bathrooms across a substantial 5,731 sqft of living space. Listed for $1,599,900, this property is ideally positioned to generate significant rental income and long-term appreciation. Miami’s multi-family market is currently experiencing intense construction and robust demand driven by population and job growth, with a lower vacancy rate compared to other Sunbelt markets. Although the overall Miami housing market is shifting toward a buyer’s market, multi-family properties, particularly those with a high number of units and in desirable locations, remain attractive to investors seeking strong cash flow and portfolio growth. With Miami’s average multi-family sale price per property at $7.5M and an average price per unit around $302,075 (as of Q1 2025), this property is priced well below average on a per-unit basis, offering a compelling entry point for a savvy investor. The property’s convenient location provides easy access to some of Miami’s most desirable areas, including the Wynwood art district, Design District, and Magic City Innovation District, ensuring a steady stream of prospective tenants.
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