2024-built Section 8 fourplex in Miami's Biscayne Gardens — four large 4-bed/3-bath units, 100% leased with rent paid directly by the housing authority for steady, government-backed income of $180,888 per year ($15,074/month) at a 7.13% cap rate in place. This is a turnkey, income-producing multifamily investment ideal for buyers seeking stable, government-backed cash flow with built-in upside. One simple move raises the return to an 7.49% cap: bring two units up to the Section 8 rents the other two already collect. The property totals 6,756 SF across two floors on a 16,489 SF corner lot, zoned RU-3M. Concrete-block construction built to current Florida Building Code delivers low maintenance and strong hurricane resistance, and the builder warranty is still in place. Each unit is separately metered, so tenants pay their own utilities and owner expenses stay low. Priced at $2,190,000, or $547,500 per unit. Located minutes from I-95, the Florida Turnpike, Aventura, and Hard Rock Stadium, the property sits in a high-demand North Miami-Dade rental corridor with a Section 8 voucher waitlist of more than 50,000 households.