Miami Beach Real Estate
Real Estate For Sale

, Miami Gardens, Florida

Real Estate For Sale

$340,000

Beds Baths


Miami Gardens , FL 33169

Multi-Family - Active
Subdivision: New World Condo
MLS #: A10604818
Square Ft: 1,764
Year Built: 1971

Tax Year: 2018

Real Estate For SaleReal Estate For SaleReal Estate For SaleReal Estate For Sale
REMARKS: Financial Estimate: Income $850 /unit. Expenses $202/unit. Taxes $100/month/unit = Net $548/Unit/Month = Total $26.304 Net per year. 4 Units in the same condominium, 4 different folios, all rented and generating over 7% Cap Rate. All Units are 440 sqft each. All are currently rented and condo is always in high demand for rent. Complex very well located near intersection I-95, Turnpike and Palmetto. Ideal for investors looking for units over 7% Cap, with diversification and great potential for appreciation. Only available to show inside during the inspection period, after executing a contract. Since the units are rented you can expect units in good condition.

AMENITIES: Sold "as Is", Currently Under Construction, Concrete Block Stucco, Corporate Owned, Licensed Owner, Tile Flooring, Central Air Conditioning, Central Heat, Lot Size Is 1/4 Acre Or Less, Public Sewer Service,

 

 

 

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Real Estate For Sale