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Little Haiti
For Sale
DUPLEX
7814 NW 5th Ct, Miami FL 33150
7814 NW 5th Ct, Miami FL 33150
$624,900
₿≈ ₿9.5064
MLS A11876984
1,679
SQUARE FEET
Duplex
Type
1937
Built
Overview
This duplex in Little Haiti offers 1,679 square feet, and is listed for sale at $624,900 (about $372 per square foot). Built in 1937.
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.
Property details
MLS #A11876984
Price$624,900
Size1,679 Square Feet
Year built1937
TypeDuplex
StatusFor Sale
Price / Square Feet$372
Features & amenities
Has Cooling System
Has Heating System
Home Owners Association
Location
7814 NW 5th Ct, Miami FL 33150
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