Price Reduced 12.73%
Price History
$699,000
9/11/2025
$620,000
4/10/2026
$675,000
4/20/2026
$654,000
4/24/2026
$639,000
5/7/2026
$646,000
5/11/2026
$630,000
5/19/2026
$610,000
5/29/2026
7814 NW 5th Ct, Miami, FL, 33150
1937
1,679 sqft
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.The property is being sold AS-IS.
Status:
Active
Type:
Multi-family
Zoning:
5700
Subdivision:
MARDEN HEIGHTS REMODELED!!
Heating:
Central
Cooling:
Central Air
Parking:
2-car
Est. Taxes:
$6,439
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
248
Pool:
None
MLS #:
A11876984
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of The Keyes Company 305-931-8920