Renovated Residential Income
694 NE 76th St #5 Unit 5, Miami, FL 33138
For Sale
Contact for pricing
The one-bedroom residence has three terraces, updated interiors, and a washer/dryer.
Property Size600 SF
Price / SF$4.33
Days on Market24
Property Features for 694 NE 76th St #5 Unit 5
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
central air with smart thermostat
washer/dryer unit
impact windows and doors
parking offered
Lot Size Square Feet: 6250
Percentage of Tax that is Deductable: 0
Rental, Sale Type: Foreclosure, Availability Date: 2026-10-18
One Bedroom
3 Stories, Built in 1927, Community Pets Allowed
Subdivision Name: Aqua Marine
Above Area Square Feet: 600
One Full Bath
Building Details
Year Built
Construction
Listing Agency:
Compass Florida, LLC
Listed By:
Joanne Intrieri · License FL #3459101
(305) 851-2820
Source:
Doyle-realty
Added: Oct 18
Changed: Nov 10
Last Checked: Nov 10 at 8:08AM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
Set in a restored 1927 Mediterranean Revival building, this renovated one-bedroom residence includes three terraces. Interior features include light oak-toned flooring, central air with a smart thermostat, a washer/dryer, and double closets with a built-in desk. The kitchen has flat-front cabinets, stone counters, stainless steel appliances, a dishwasher, and a breakfast bar. The bathroom includes a tiled shower, floating vanity, and backlit mirror.
Building improvements include refreshed exterior finishes, railings, and hallways, along with impact windows and doors. Parking is offered, and pets are welcome. Caracas Bakery, Coffee Breaktime, a farmers market, and the MiMo district are within walking distance; Miami Beach is a short drive across the 79th Street Causeway.
Building improvements include refreshed exterior finishes, railings, and hallways, along with impact windows and doors. Parking is offered, and pets are welcome. Caracas Bakery, Coffee Breaktime, a farmers market, and the MiMo district are within walking distance; Miami Beach is a short drive across the 79th Street Causeway.
Key Highlights
- Renovated one‑bedroom residence in a restored 1927 Mediterranean Revival building
- Three terraces
- Kitchen with stone countertops, stainless steel appliances, dishwasher, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,680
$221.7K
Cap Rate 7%
$158,343
$158.3K
Cap Rate 9%
$123,156
$123.2K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$21.6K $36.00/SF
− Vacancy
−$1.4K −$2.41/SF
EGI
$20.2K $33.59/SF
− OpEx
−$9.1K −$15.11/SF
NOI
$11.1K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,680
Cap Rate 7%
$158,343
Cap Rate 9%
$123,156
Alternative Uses
Best Use
Apartment 5plus
$158.3K
$138.6K – $184.7K
NOI $11,084 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$405.0K
$354.4K – $472.5K
NOI $28,350 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,763
Businesses Nearby
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Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Miami, FL
Properties on Market for Residential income properties in Miami
Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom residence has three terraces, updated interiors, and a washer/dryer.
Where is this residential income property located?
The property is located at 694 NE 76th St #5 Unit 5 Miami, FL.
What are key features of this property?
This property features: Renovated one‑bedroom residence in a restored 1927 Mediterranean Revival building; Three terraces; Kitchen with stone countertops, stainless steel appliances, dishwasher, and breakfast bar
