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


Property

Website:https://www.nestseekers.com/5389978
Address:
Miami, FL 33134
Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 4

Financials

Price:$1,085,000
Annual Taxes:$2,282

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

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Keller Williams Capital Realty