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Multifamily Property with Two Units

5050 NW 7th St #712 Miami, FL 33126

5050 NW 7th St #712, Miami, FL, 33126
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Multifamily property featuring two units, ideal for residential income.

Property Size971 SF
Price / SF$411.95
AddedFeb 24
Days on Market142
Last RefreshJul 15 at 5:45 pm

Property Features for 5050 NW 7th St #712

General Information

Standard status
Active
Size
971 SF
Property subtype
Multifamily

Building Details

Year Built
1958

Listing office DH Invest

Listing date Feb 24, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of DH Invest


Investment Insights

Based on property information with market context.

This multifamily property features two units. The property is suitable for residential income purposes. The building has a size of 971 square feet.

Key Highlights

  • Multifamily property offering a great investment opportunity.
  • Features 2 units.
  • Built in 1958.

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 $29.7k $30.60
− Vacancy −$1.9k −$1.95
EGI $27.8k $28.65
− OpEx −$8.3k −$8.60
NOI $19.5k $20.06
971 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$278.2K
$243.4K – $324.6K (±1% cap)
NOI $19,474 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$256.3K
$224.2K – $299.0K (±1% cap)
NOI $17,938 @ 7.0% cap · market cap 4.48%
Theoretical Best
Specialty Retail
$655.4K
$573.5K – $764.7K (±1% cap)
NOI $45,880 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fifty Fifty Condominium ... Condominium Complex Escape Miami Mansion ... Boat Rental Service Mariamju pintura y ... Landscaping 5050 Condominium Condominium Complex

Suggested Use

Real Estate Agency Gym & Fitness Center Parking Lot & Garage Daycare Center Acupuncture Pet Grooming Service (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Restaurant

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

FAQs

What type of property is this?
Duplex - Multifamily property featuring two units, ideal for residential income.
Where is this duplex located?
The property is located at 5050 NW 7th St #712 Miami, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Multifamily property offering a great investment opportunity.; Features 2 units.; Built in 1958.
Contact an agent
(305) 812-2853 Call to check price and availability
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