Incredible Cash Flow Opportunity! Choose from 15, 8, or 4 units - studios, one-bedrooms, and two-bedrooms. Fully renovated, furnished, with screened tenants on yearly leases. Enjoy condo amenities - ponds, tennis courts, gym, gated community, pools, and more. Owner offers 6 months of management and rent guarantees for 8 units. Strong 7% cap rate for consistent returns and value growth.
The NET INCOME for all 15 units, not just gross, stands at an impressive $261,141 annually, translating to $21,762 monthly after factoring in HOA, expenses, and taxes. Click here for more information!
Preview the portfolio's units through videos, offering glimpses of different condos and sizes. Note that some videos may feature pre-renovation footage from approximately 2 years ago, but they still provide a clear view of the space and layout- Studio
- 2 Bedrooms, 2 Baths (Video 1)
- 2 Bedrooms, 2 Baths (Video 2)
External photos here
The second portfolio option features 8 units. Click here for more information!
*note: rents have increased for the last 3 units on the attached spreadsheet for the 8 units:
6- 1800
7- 1650
8- 1875
The third portfolio option features 4 units.
The units included in this option are: O1R, M2R, I3V, H2V. Click here for more information!
5 Beds | 4 Baths | Pool Turn-key with Guest House (1 Bed + Den/1 Bath)
Square Feet: 2602 | Lot Size: 9150 Built in 1941 | 2-Car Garage Occupancy: Tenant Occupied, Viewings by Appointment Only
RECENTLY SOLD COMPARABLE: Address: 565 NE 105th St. Miami Shores, FL 33138 Size: 1,636 Sqft (1000 Sqft smaller than subject) Sold on: 01/22/24 for $1,300,000
After Repair Value (ARV): $1,900,000+
Click here to view photos
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