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    Renovated Duplex With Two Homes Title is generated by Realmo AI

    7814 NW 5th Ct, Miami, FL 33150

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    Claim this Listing
    New
    For Sale
    $624,900

    MULTI_FAMILY - Miami, FL

    Property size:
    1,679 SF
    Price / SF:
    $372/SF
    Added:
    Jun 26, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 2 at 1:06 am

    Property Features for 7814 NW 5th Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 3
    Parking
    2
    Standard status
    Active
    APN
    01-31-12-016-0360
    Size
    1,679 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    MARDEN HGTS PB 7-146 LOT 38 LOT SIZE 60.000 X 112 OR 15808-3779 0193 1
    Tax Annual Amount
    6439

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1937
    Floors in Building
    1
    Flooring type
    Tile - Ceramic
    Building materials
    Block

    We can help!

    Contact an agent
    Claudia Swanes

    Listing agent Claudia Swanes License #3073625

    Listing office The Keyes Company 2822 NE 187th Street, Miami, FL

    Listing date Jun 26, 2026

    MLS# A11876984 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Detached duplex with 2 separate houses on 1 lot
    • Front unit currently rented for $2,700/month through Section 8
    • Rear unit projected rental income of $3,000/month; currently rented on a short‑term basis
    • Renovated property with brand‑new appliances and a new A/C system in the rear unit
    • Zoned T5‑R; public sewer with central heating and central air
    • AS‑IS sale; attachments available including last 6 months of short‑term rental income and water/sewer bills

    Overview

    This detached duplex includes two separate houses on one lot, both of which have been renovated. The front unit is described as a 2-bedroom plus den and 1-bath configuration, and it is currently rented for $2,700 per month through Section 8. The rear unit offers a 3-bedroom and 2-bath layout and is currently rented on a short-term basis. The rear unit includes brand-new appliances and a new A/C system.

    The property is located in Miami, listed at 7814 NW 5th Ct, and is described as minutes from the airport, beaches, and major attractions such as Wynwood, Design District, Midtown, and Brickell. The property is zoned T5-R. The listing notes that the owner currently pays utilities for the rear unit, while the tenant covers utilities for the front unit. The sale is being conducted on an AS-IS basis, and attachments are available, including the last six months of short-term rental income and water and sewer bills.

    For tenants, buyers, or operators seeking a two-unit setup on one lot, this configuration provides separate living spaces with distinct bedroom counts and bath layouts. With the rear unit set up for short-term occupancy and supported by recent appliance and HVAC upgrades, the property may also appeal to users looking to stabilize operations under an annual leasing approach, subject to applicable requirements. Please do not contact or disturb the tenants; allow 24 hours’ notice for showings.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $51.4k $30.60
    − Vacancy −$3.3k −$1.95
    EGI $48.1k $28.65
    − OpEx −$14.4k −$8.60
    NOI $33.7k $20.06
    1,679 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $481.0K
    $420.9K – $561.2K (±1% cap)
    NOI $33,673 @ 7.0% cap · market cap 5.39%
    Second Best
    Apartment 5plus
    $443.1K
    $387.7K – $517.0K (±1% cap)
    NOI $31,017 @ 7.0% cap · market cap 4.96%
    Theoretical Best
    Specialty Retail
    $1.13M
    $991.7K – $1.32M (±1% cap)
    NOI $79,334 @ 7.0% cap · market cap 12.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.206539
    Latitude
    25.846404

    FAQs

    What type of property is this?
    Duplex - Renovated detached duplex with separate front and rear units, currently generating rental income and sold as-is.
    Where is this duplex located?
    The property is located at 7814 NW 5th Ct Miami, FL.
    What is the asking price?
    The asking price for this property is $624,900.
    What are key features of this property?
    This property features: Detached duplex with 2 separate houses on 1 lot; Front unit currently rented for $2,700/month through Section 8; Rear unit projected rental income of $3,000/month; currently rented on a short‑term basis
    More about this property
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