South Florida Real Estate
Homestead
Kendall
Pinecrest
South Miami




, 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

Taxes: $4,800
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,
Exclusive Properties For Sale, Estates, Homes, Condos, Search The South Florida MLS
The data relating to real estate for sale on this web site come in part from the IDX program of the Miami Multiple Listing Service, and is provided courtesy of the listing office. - Florida Keys Real Estate - Florida Keys Real Estate For Sale - Miami Real Estate