7814 NW 5th Ct, Miami, FL 33150
- Added:
- Jun 26, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 1 at 10:06 pm
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
Listing agent Claudia Swanes License #3073625 (305) 978-8685
Listing office The Keyes Company 2822 NE 187th Street, Miami, FL (305) 931-8920
Listing date Jun 26, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.206539
- Latitude
- 25.846404
