7814 NW 5th Ct, Miami, FL 33150
- Sqft
- 1,679
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Overview
Detached duplex featuring 2 separate houses on 1 lot. Property will only be shown after an offer has been accepted,duplex 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% to10%.Please do not contact or disturb the tenants. Kindly allow 24 to 48 hours notice for showings.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Square feet
- 1,679
- Year built
- 1937
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Public Sewer
Taxes
- Tax Annual Amount (2024)
- $6,439
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MIAMI REALTORS MLS MLS®#: A11876984 Last checked: …
