Real Estate For Sale


, Miami Gardens, 33169 Florida

Real Estate For Sale
$340,000
Beds Baths

Miami Gardens , FL 33169

MULTI-FAMILY - ACTIVE
Subdivision: New World Condo
MLS #: A10604818


Real Estate For SaleReal Estate For SaleReal Estate For SaleReal Estate For Sale
STATUS: ACTIVE, , SQUARE FT: 1,764, SQUARE METERS: 163, YEAR BUILT: 1971, MLS #: A10604818, TAX YEAR: 2018
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,




 

 

 

The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Realtors Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.


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