7812 NE Miami Ct, Miami, FL 33138 — MLS photo

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7812 NE Miami Ct, Miami, FL 33138

Active · Duplex

$597,500

7812 NE Miami Ct, Miami, FL 33138

Beds
—
Baths
0
Living area
897 sq ft
$ / sq ft
$666/sq ft
Year built
1939
Lot size
—
HOA fee
—
Annual tax
$3,022

About this property

Investor Special in the Heart of Miami’s Rapidly Growing Little Haiti Neighborhood! These properties are being offered with investors and developers in mind, presenting a rare opportunity to acquire two neighboring properties in one of Miami’s most active redevelopment areas. Both properties require significant renovation and are ideal for a full rehab, redevelopment project, or potential new construction opportunity. Property located at Little Haiti offers strong upside potential surrounded by ongoing development, new construction, and increasing property values. 7812 is currently vacant, allowing immediate access for renovations or redevelopment plans. Sister property 7822 is tenant occupied, providing potential interim income while planning future improvements. Seller prefers to sell both properties together as a package deal, with the best value offered to buyers purchasing both parcels simultaneously. Excellent opportunity for investors, builders, or end users looking to capitalize on the continued growth and transformation of the area. Contact listing agent for additional information.

Interior & exterior features

Cooling

  • Wall Window Units

Heating

  • Wall Furnace

Pool

  • None

Flooring

  • Concrete

roof

  • Concrete

construction

  • Other

Investment intelligence

Yield & ROI calculator

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Estimated monthly cash flow

-$501

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.6%
Gross yield
6.5%
Mortgage payment
$2,832/mo
Down payment
$149,375
Loan amount
$448,125
Annual NOI
$27,981

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.