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.

Features
Swimming Pool
Heating System
Cooling System
Parking
Roof:
Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33150
Street:
7814 Nw 5th Ct, Miami, Florida 33150
Longitude:
W81° 47' 36.6''
Latitude:
N25° 50' 47.2''
MLS Addon
Association Fee Frequency:
Monthly
Building Area:
1,907 Sqft
Construction Materials:
Block
Cumulative DOM:
464
DOM:
229
Flooring:
Ceramic Tile
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional, FHA
Lot Features
Parcel Number:
01-31-12-016-0360
Subdivision Name:
MARDEN HEIGHTS REMODELED!!
Tax Annual Amount:
$6,439
Tax Year:
2024
Utilities
Virtual Tour:
Click Here

Residential Income For Sale

7814 Nw 5th Ct, Miami, Florida 33150, Miami, Florida 33150

1,679 Sqft
$646,000
MLS # #A11876984
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$646,000
Square Footage :
1,679 Sqft
Year Built :
1937
MLS # :
A11876984
Property Sub Type :
Duplex
Agent info
Contact Agent