Interior
- Bedrooms
- 6
- Bathrooms
- 2
- Living area
- 1,211 sq ft
- Flooring
- Tile, Vinyl
- Appliances
- Dryer, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Split Bedrooms
Active · SingleFamilyResidence
$615,000
7700 NE 1st Court, Miami, FL 33138
- Beds
- 6
- Baths
- 2
- Living area
- 1,211 sq ft
- $ / sq ft
- $508/sq ft
- Year built
- 1938
- Lot size
- 4,600 sq ft
- HOA fee
- —
- Annual tax
- $3,406
About this property
Turnkey furnished 6-bedroom income property in booming Little River, offered as a fully set-up rental opportunity. Flexible use options include mid-term rental, traveling nurse housing, insurance relocation, workforce housing, co-living, house hacking, or PadSplit-style room rentals. Quiet cul-de-sac location near MiMo, Wynwood, Design District, hospitals, employment hubs, and major Miami growth corridors. Zoned T5-R with multifamily/future development potential. Major 2020 upgrades include roof, HVAC, plumbing, and electrical. Features extended parking for multiple vehicles, boat, or trailer, fenced yard, wood deck, spacious shed, plus additional shed rental income from a local business willing to stay. Sold fully furnished and ready for the next operator. Buyer to verify all info.
Property location
Get Directions7700 NE 1st Court, Miami, FL 33138
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1938
- Stories
- 1
- Lot size
- 4,600 sq ft
- Architectural style
- One Story
- Roof
- Composition, Shingle
- Construction
- Block, Stucco
- Exterior features
- Barbecue, Fence, Shed, Awnings
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $3,406
- Subdivision
- ROSE LAWN PK A SUB
- County
- Miami-Dade
- Days on market
- 187
- MLS listing ID
- B26016712
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$74
- Cap rate
- 5.5%
- Net yield
- 5.5%
- Cash-on-cash return
- -0.5%
- Gross yield
- 7.6%
- Mortgage payment
- $2,915/mo
- Down payment
- $153,750
- Loan amount
- $461,250
- Annual NOI
- $34,096
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.