$624,900287 days on marketActive

7814 NW 5th Court, Miami, FL 33150

Miami, FL 33150

1,679

Sq Ft

$372

$/Sq Ft

1937

Year Built

Listing Snapshot

List Price	$624,900
Price / Sq Ft	$372
Beds	0
Baths	0
Living Area	1,679 sqft

Year Built	1937
Property Tax	$6,439/yr
HOA / Condo Fee	$0 / monthly
MLS #	1133692954
Status	Active
Days on Market	287

About This Home

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 today’s market, offering an estimated ROI of 8% to 10%.Please do not contact or disturb the tenants. Kindly allow 24 hours’ notice for showings.