New 2025 Construction Fourplex | 100% Leased 147 NW 61st St 4 Unit Apartment Building $3,070,227 CAD ($767,557 CAD/Unit) 6% Cap Rate Miami, FL 33127

Brand-new 2025-built fourplex for sale in Miami's Little Haiti — 100% leased to Section 8 tenants, all spacious 4-bedroom units, producing $180,756 in authority-paid annual income at a 6% going-in cap rate.
This is a durable, recession-resistant income play for investors seeking reliable cash flow. The all four-bedroom configuration is the scarcest and most in-demand voucher layout across Miami-Dade, carrying the deepest Section 8 demand, with rent paid directly by the housing authority each month.
The property is a fourplex of four large four-bedroom residences totaling 6,299 SF of building area on a 9,250 SF lot. Concrete block construction built to current Florida hurricane codes, separately metered units, and an active builder warranty keep operating costs and near-term capital needs low, and tenants pay their own utilities. Zoned T3-O. The 6% going-in cap rate is based on a single owner-operator proforma that already includes the buyer's reassessed, post-sale property taxes. Two of the four units rent below the level already approved on a comparable unit in the building, leaving a clear path to additional income at renewal.
Located in the Little Haiti / Buena Vista submarket, one mile north of the Miami Design District and minutes from Wynwood, Midtown, I-95, and I-195. Offered at $547,500 per unit — below the cost to build the same product today — in one of Miami's most rental-driven corridors.