Residential fourplex at 7811 NE 10, excellent investment opportunity with income and no rental restrictions. All units feature private patios and come furnished. Includes parking, functional layouts, and a prime location just 10 minutes from beaches and restaurants. Ideal for immediate cash flow!
?? Investment Opportunity – Fourplex in Miami
Price: $1,550,000
Property Type: Multifamily Fourplex
Strategy: Short-Term Rental (Airbnb)
Investment Goal: High Cash Flow Potential
?? Current Performance (Traditional Rental)
Annual Income: $12,500
Annual Expenses: $25,800
Net Result: –$13,300/year
?? Property is underperforming as a traditional rental
?? Property Features
4 Units (Three 1-bedroom units – convertible to 2-bedroom)
Independent entrances
Private outdoor space
On-site parking
Fully furnished
?? Ideal setup for short-term rental optimization
?? Value-Add Strategy
Convert to Airbnb / short-term rental model
Dynamic pricing strategy
Target occupancy: 80%–90%
Professional management & automation
?? This is an active income investment, not passive
?? Projected Financials (Short-Term Rental)
Average Daily Rate (ADR): $140/night
Estimated Gross Revenue: $163,520/year
Operating Expenses: ~$65,800/year
?? Projected Net Income: ~$97,700/year
?? Estimated ROI
Approximate Return: 6% – 7% annually
? Based on conservative and realistic assumptions
? Strong upside with efficient operations
?? Market Highlights – Miami
Year-round tourism demand
Frequent international events
Strong short-term rental market
Proven resilience in hospitality-driven investments