7814 Nw 5th Ct, Miami, FL 33150

$600,000
Active for Sale
 
Listing ID 55045470
Property Type Multi-Unit
County Miami-Dade
FEMA Flood Map fema.gov/portal
Year Built 1937
   
Virtual Tour
HUGE PRICE REDUCTION!!! Detached duplex featuring 2 separate houses on 1 lot. Property has been renovated. Numbers talks open the attachment. 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 NET annual income of approximately $50k. 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 todays market, offering an estimated ROI of 8% to 10%.Please do not contact or disturb the tenants. Kindly allow 24 hours notice for showings.The property is being sold AS-IS.
Property Details
  • 1679 SF (AG)
  • 1679 SF (Total)
  • Built in 1937
  • 1 Story
  • 2 Units
Interior Features
  • Central A/C
Exterior Features
  • Community Septic
  • Subdivision: Marden Heights Remodeled
Listed By
Aventura
Office: 305-931-8920
Mobile: 305-978-8685
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:
Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 7 minus 2?