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7814 NW 5th Ct, Miami FL 33150

Multi-family For Sale
$610,000

BTC: 9.50309559

ETH: 346.01291025

-$89K (2026/05/29)
285 days
0 room(s)
1,679 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1937
Lot:
No Data
Heating:
Central
Price/sqft:
$363
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$560,000
$416K – $709K
Confidence Low
List vs. estimate
$50K above estimate
List $610,000 · +8.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$363
-16.6% vs. city median $435
Based on
29 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $412K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,439
2024
Parking
2 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-12-016-0360

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $6,439

  • Source details

    • MLS ID: A11876984

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Old Spanish

    • Living Area: 1679

    • Subdivision Name: MARDEN HEIGHTS REMODELED!!

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company