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Five-Unit Apartment Building
For Sale
$899,000
Pending

7525 NE Miami Ct, Miami, FL 33138

Residential Income, Miami, FL

Property Size2,454 SF
Days on Market111

Property Features for 7525 NE Miami Ct

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 4600
Bedrooms 6
Full bathrooms 5
Half bathrooms 5
Rooms Bathroom 7, Bathroom 8, Bathroom 9, Bedroom 1, Bathroom 5, Bedroom 2, Bedroom 3, Bathroom 6, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 10, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 6
Parking 5
Subdivision LITTLE RIVER GARDENS
Lot features < 1/4 Acre
Standard status Pending
APN 01-31-12-014-0660
Size 2,454 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description 12 53 41 LITTLE RIVER GDNS PB 7-26 LOT 6 BLK 31 LOT SIZE 47.700 X 153 OR 15462-2047 0492 1 COC 22430-1587 06 2004 1
Tax Annual Amount 10177
Legal Description 12 53 41 LITTLE RIVER GDNS PB 7-26 LOT 6 BLK 31 LOT SIZE 47.700 X 153 OR 15462-2047 0492 1 COC 22430-1587 06 2004 1

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1947
Floors in Building 1
Flooring type Parquet Wood
Roof type Shingle
Architectural style Other
Listing Agency: Real Estate Empire Group, Inc.
Listed By: Angiolina Ayvar · License #3342937
Added: Jul 18 Changed: Nov 3 Last Checked: Nov 5 at 1:06AM
MLS# A11924675

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.

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Investment Insights

Based on property information with market context.

This five-unit apartment property contains 2,454 square feet and was built in 1947. Interior features include parquet wood flooring, while cooling is provided through wall and window units. The building has a shingle roof and is served by public water and public sewer.

Located at 7525 NE Miami Ct in Miami’s Little River area, the property offers access to major highways and nearby shopping centers. The room inventory includes multiple bedrooms and bathrooms across the building, supporting its multifamily configuration.

Key Highlights

  • Five‑unit apartment property with 2,454 square feet
  • Built in 1947 with a shingle roof
  • Parquet wood flooring throughout portions of the property

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 (±1% cap)
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 (±1% cap)
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
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Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,246
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Older multifamily asset with public water and sewer, parquet flooring, and individual wall or window cooling units.
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: Five‑unit apartment property with 2,454 square feet; Built in 1947 with a shingle roof; Parquet wood flooring throughout portions of the property
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