Miami, FL 33134

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 4

Financials

Price:$1,085,000
Annual Taxes:$2,282
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Keller Williams Capital Realty

Prime Income Property Investor Opportunity Coral Gables Area Excellent income producing investment in the Coral Gables area.

Description

Prime Income Property – Investor Opportunity | Coral Gables Area Excellent income-producing investment in the Coral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, delivering immediate cash flow in a high-demand rental market. The property consists of a renovated main house (3 Bed / 2 Bath) rented at $3,650/month, plus two independent efficiencies, each rented at $1,700/month, both with private entrances and in-unit laundry. Total Monthly Income: $7,050 | Annual Income: $84,600 The main residence has been fully renovated with modern finishes, new flooring, updated electrical and plumbing, new roof, and impact windows and doors. The efficiencies are well laid out, low maintenance, and highly desirable for tenants. Situated on a corner lot with ample parking, boat space, storage, and hookups for an additional laundry. The backyard offers space for a pool, and pool construction plans are included, providing a value-add opportunity to increase future rents and overall asset value. No HOA. Strong rental demand. Long-term appreciation potential. Ideal for investors seeking a turnkey, cash-flowing asset with upside. AS-IS sale with right to inspect. Tenants in place — do not disturb.

Amenities

  • BedroomOnMainLevel
  • ClosetCabinetry
  • Dishwasher
  • Dryer
  • ElectricRange
  • Fence
  • FirstFloorEntry
  • LessThanQuarterAcre
  • Lighting
  • MainLevelPrimary
  • Microwave
  • Refrigerator
  • SecurityHighImpactDoors
  • Sidewalks
  • Washer

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.