Five-Unit Multifamily Investment
For Sale
$899,000
7525 NE Miami Ct, Miami, FL 33138
Five-unit multifamily property in Little River, generating $7,800 monthly.
Property Size2,454 SF
Price / SF$366.34
Days on Market240
Property Features for 7525 NE Miami Ct
General Information
Standard status
Active
Size
2,454 SF
Site & Location
Neighborhood
Little River Central
Building Details
Year Built
1947
Listing Agency:
Real Estate Empire Group, Inc.
Listed By:
Angiolina M Ayvar · License #3342937
(786) 366-9388
Source:
Thepennteam
Added: Mar 11
Changed: Oct 25
Last Checked: Oct 7 at 12:59PM
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 Real Estate Empire Group, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This five-unit multifamily property is located in Little River, offering convenient access to major highways and shopping centers. The property is currently generating $7,800 per month and presents potential for future rental increases, making it a suitable addition to an investor's portfolio.
Key Highlights
- Multifamily property generating $7,800 per month.
- Located in the Heart of Little River.
- Ideal for investors seeking portfolio diversification.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,334
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$906,680
$906.7K
Cap Rate 7%
$647,629
$647.6K
Cap Rate 9%
$503,711
$503.7K
Market Conditions
NOI Build-Up for 2,454 SF
Gross rent
$88.3K $36.00/SF
− Vacancy
−$5.9K −$2.41/SF
EGI
$82.4K $33.59/SF
− OpEx
−$37.1K −$15.11/SF
NOI
$45.3K $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%
$906,680
Cap Rate 7%
$647,629
Cap Rate 9%
$503,711
Alternative Uses
Best Use
Apartment 5plus
$647.6K
$566.7K – $755.6K
NOI $45,334 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $115,953 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,246
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property in Little River, generating $7,800 monthly.
Where is this apartment building located?
The property is located at 7525 NE Miami Ct Miami, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Multifamily property generating $7,800 per month.; Located in the Heart of Little River.; Ideal for investors seeking portfolio diversification.
