Florida City, FL 33034

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$3,150,000
Annual Taxes:$5,059
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Basel Boutique Real Estate

7. 4 actual cap rate ! Rare Investment Opportunity 9 Townhouses with NO HOA in Florida City, FL !

Description

7.4% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius and all rented, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2007, ~1,800 sq. ft. each (1 five-bed, 8 four-bed), with spacious front/back yards, covered garages, and additional driveway parking for 2 vehicles. Two units recently upgraded & currently available for rent. Prime location: 6 blocks from City Hall & Police Dept., 5 mins to restaurants, shops & Florida’s Turnpike. Cash/non-appraisal offers only. This is a rare chance to own a turnkey, high-demand, easy-to-manage portfolio in an up-and-coming market!

Amenities

  • CableAvailable
  • Other

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.