Brand-new 2025 Section 8 fourplex in Little Haiti, offering a rare turnkey investment opportunity in Miami-Dade County. Located at 147 NW 61st St, Miami, FL 33127, this fully leased residential income property is producing $180,756 in annual, authority-paid rent with all four units occupied.

Each of the four residences is a spacious 4-bedroom home, a highly desirable and limited layout in today’s Miami rental market. Built with concrete block construction and hurricane-rated features, the property is separately metered and covered by a builder warranty, helping keep operating costs low and simplifying management.

Priced at $2,190,000, or $547,500 per unit, this asset is positioned below current replacement cost and offers a 6% going-in cap rate based on in-place rents with post-sale taxes included. Two of the units are currently rented below the amount already approved in the building, creating built-in upside at renewal.

The location adds to the appeal, just one mile north of the Design District with fast access to I-95 and I-195. With central air, electric heating, and a strong income profile, this Miami fourplex is a compelling option for investors seeking stable cash flow, long-term growth, and a low-maintenance property in a high-demand area.