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About This Home

This 6-bedroom, 3-bathroom multi-family at 7814 NW 5th Ct in Miami, FL is listed for $610,000 ($363 per sqft). Built in 1937, the home offers 1,679 sqft of living space on a N/A lot.

Agent Description

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 minute

s 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.

Key Features

  • Built in 1937
  • 2 parking spaces

Property Details

3 full
2 spaces
1937

Monthly Cost Estimate

$3,262/mo

20% down · 6.5% · 30 years

Principal$441
Interest$2,643
Insurance$178

Estimates only. Actual payments may vary.

Location

7814 NW 5th Ct

Miami, FL 33150

Marden Heights Remodeled!!

Property Details

Flooring

TileTile - Ceramic

Construction

Block

Heating

Central

Cooling

Central Air

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 7814 NW 5th Ct is listed at $610,000 ($363/sqft). The estimated monthly payment is $2,643 based on 20% down at 6.5% interest.

Key features include: Built in 1937, 2 parking spaces.

This property is listed by Claudia Swanes and can be reached at 18004383973 or royalgrouptopsales@gmail.com.

CS

Claudia Swanes

Agent at The Keyes Company

(800) 438-3973

Listed by The Keyes Company · View on Broker Site

MLS# A11876984· Source: listhub· Updated today

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7814 NW 5th Ct, Miami, FL 33150

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