6480 NE 1st Ave, Miami, FL, 33150
About This Home
Don't miss this rare opportunity to own a brand-new fourplex in one of Miami's most exciting and rapidly growing neighborhoods. Scheduled for completion in July 2026, this modern multifamily property features four spacious units thoughtfully designed with today's tenants in mind, each featuring 3 spacious Bedrooms and 2 Bathrooms. Located just minutes from the vibrant Little River District, residents will enjoy easy access to one of Miami's premier cultural hubs, known for its eclectic dining scene, local breweries, art spaces, and entertainment options. The property also offers outstanding connectivity, with Biscayne Boulevard and I-95 nearby, providing convenient access to Downtown Miami, Miami Beach, the Design District, Wynwood, Aventura, and beyond. Blocks away from Magic City development. Built with modern construction standards and featuring all-new systems, finishes, and infrastructure, this turnkey investment offers the benefits of low maintenance and strong rental appeal. Whether you're looking to expand your portfolio or secure a high-quality asset in a thriving Miami market, this new construction fourplex presents an outstanding opportunity.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Roof: Flat Roof With Facade Front
- Construction materials: Concrete Block Construction
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 8
Features
- Stairs
- Window features: Clear Impact Glass,Complete Impact Glass
- Flooring: Tile,Vinyl
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 0
- Total interior livable area: 7,570 sqft
Property
Details
- Parcel number: 0131130190180
- Zoning: 3900
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,871 | $130,452 |
| Home Insurance * | $688 | $8,256 |
| Property Taxes | $1,451 | $17,412 |
| Electricity | $761 | $9,141 |
| Total | $13,771 | $165,252 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-29 | Listed for sale | $2,150,000 |
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