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.