7814 NW 5th Ct Miami, FL 33150
Little River NeighborhoodEstimated payment $3,981/month
Highlights
- Old Spanish Architecture
- Central Heating and Cooling System
- 1-Story Property
- Ceramic Tile Flooring
About This Home
Property has been renovated. The front unit is currently rented for $2,700 per month through Section 8; however, it is functionally a 2-bedroom, 1-bathroom plus den. The rear unit has a projected rental income of $3,000 per month, both unit have aproximately a gross annual income of approximately $68,400. The property is being sold AS-IS.The second unit features 3 bedrooms and 2 bathrooms. It is currently rented on a short-term basis and includes brand-new appliances and a new A/C system. This unit has the potential to be rented on an annual lease for approximately $3,000 per month. The owner currently pays utilities for the rear unit, while the tenant covers utilities for the front unit. Attachments are available, including the last six months of short-term rental income, as well as water and sewer bills.Ideally located just minutes from the airport, beaches, and major attractions such as Wynwood, Design District, Midtown, and Brickell. Zoned T5-R, this duplex represents a rare opportunity in today’s market, offering an estimated ROI of 7% to 9%.Please do not contact or disturb the tenants. Kindly allow 72 hours’ notice for showings.The property is being sold AS-IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,439
Year Built
- Built in 1937
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Old Spanish Architecture
- Substantially Remodeled
- Concrete Block And Stucco Construction
Interior Spaces
- 1,679 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- 2 Units
- Marden Heights Remodeled!! Condos
- Marden Heights Remodeled!! Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-12-016-0360
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,439 | $283,357 | $255,360 | $27,997 |
| 2024 | $6,802 | $283,502 | $257,576 | $25,926 |
| 2023 | $6,802 | $281,147 | $0 | $0 |
| 2022 | $6,029 | $255,589 | $134,310 | $121,279 |
| 2021 | $3,844 | $125,913 | $0 | $0 |
| 2020 | $3,526 | $160,416 | $90,465 | $69,951 |
| 2019 | $3,329 | $152,748 | $80,475 | $72,273 |
| 2018 | $0 | $104,871 | $40,515 | $64,356 |
| 2017 | $2,582 | $86,001 | $0 | $0 |
| 2016 | $2,540 | $81,561 | $0 | $0 |
| 2015 | $2,464 | $78,161 | $0 | $0 |
| 2014 | $2,464 | $71,056 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/24/2026 04/24/26 | Price Changed | $654,000 | -3.1% | $390 / Sq Ft | |
| 04/20/2026 04/20/26 | Price Changed | $675,000 | +8.9% | $402 / Sq Ft | |
| 04/10/2026 04/10/26 | Price Changed | $620,000 | -11.3% | $369 / Sq Ft | |
| 03/31/2026 03/31/26 | Price Changed | $699,000 | +9.4% | $416 / Sq Ft | |
| 03/31/2026 03/31/26 | For Sale | $639,000 | 0.0% | $381 / Sq Ft | |
| 03/18/2026 03/18/26 | Off Market | $639,000 | -- | -- | |
| 03/06/2026 03/06/26 | Price Changed | $639,000 | -3.9% | $381 / Sq Ft | |
| 02/04/2026 02/04/26 | Price Changed | $665,000 | +4.1% | $396 / Sq Ft | |
| 01/02/2026 01/02/26 | Price Changed | $639,000 | -2.0% | $381 / Sq Ft | |
| 12/15/2025 12/15/25 | Price Changed | $652,000 | +3.7% | $388 / Sq Ft | |
| 11/10/2025 11/10/25 | Price Changed | $629,000 | -3.2% | $375 / Sq Ft | |
| 10/26/2025 10/26/25 | Price Changed | $649,900 | -7.0% | $387 / Sq Ft | |
| 09/11/2025 09/11/25 | For Sale | $699,000 | +206.0% | $416 / Sq Ft | |
| 01/18/2023 01/18/23 | Sold | $228,400 | -23.9% | $177 / Sq Ft | View Prior Sale |
| 11/15/2022 11/15/22 | Pending | -- | -- | -- | |
| 08/23/2022 08/23/22 | For Sale | $299,999 | +31.3% | $233 / Sq Ft | |
| 08/22/2022 08/22/22 | Off Market | $228,400 | -- | -- | |
| 06/12/2022 06/12/22 | Price Changed | $299,999 | -29.4% | $233 / Sq Ft | |
| 06/02/2022 06/02/22 | For Sale | $425,000 | -- | $330 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $228,400 | All About Closing | |
| Interfamily Deed Transfer | -- | Accommodation |
Source: MIAMI REALTORS® MLS
MLS Number: A11876984
APN: 01-3112-016-0360
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