7814 NW 5th Ct, Miami, FL 33150
7814 NW 5th Ct, Miami, FL 33150
7814 NW 5th Ct, Miami, FL 33150
48
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$630,000
Est. payment /mo
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1,679 SqFt
Price Dropped by $16K

7814 NW 5th Ct Miami, FL 33150

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Natalie James

Natalie James

+1(305) 282-5120

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,679 sqft

Price per Sqft $375

Subdivision Marden Heights Remodeled!!

MLS Listing ID A11876984

HOA Y/N Yes

Year Built 1937

Annual Tax Amount $6,439

Tax Year 2024

Property Sub-Type Duplex

Property Description

Property has been renovated. The front unit is currently rented for $2,700 per month through Section 8; however, it is functionally a 2-bedroom plus den, 1-bathroom. The rear unit has a projected rental income of $3,000 per month, both unit have aproximately a gross annual income of approximately $68,400. The property is being sold AS-IS.The second unit features 3 bedrooms and 2 bathrooms. It is currently rented on a short-term basis and includes brand-new appliances and a new A/C system. This unit has the potential to be rented on an annual lease for approximately $3,000 per month. The owner currently pays utilities for the rear unit, while the tenant covers utilities for the front unit. Attachments are available, including the last six months of short-term rental income, as well as water and sewer bills.Ideally located just minutes from the airport, beaches, and major attractions such as Wynwood, Design District, Midtown, and Brickell. Zoned T5-R, this duplex represents a rare opportunity in today's market, offering an estimated ROI of 7% to 9%.Please do not contact or disturb the tenants. Kindly allow 24 hours' notice for showings.The property is being sold AS-IS.

Location

State FL

County Miami-dade

Community Marden Heights Remodeled!!

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 2

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-12-016-0360

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Listed As-Is

Virtual Tour https://youtu.be/vorV4YS6LrQ?si=UF3jYehduq7UvwCO

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company
Nearby Locations

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Natalie James

Natalie James

Agent | License ID: 3317494

+1(305) 282-5120

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7814 NW 5th Ct