About This Property
Residential in Miami
Cash machine with long term rental+appreciation growth prospectsHigh demand/rental area due to proximity to Brickell & Downtown Continuously rented to the same long term tenant (over 10 years) Current rent $2000.00 (8.6% net and growing yearly)Unit recently remodeled with new AC and appliances, porcelain flooring and modern outlook.Minimal involvment required, building is well managed by current BOD & an offsite manager.40 year certification was completed in 2024 (next one due in 2034). New roof, exterior lighting, asphalt, cameras and gate. One reserved parking with this unit.Also available unit#2(2/1 next door) unit#11(2/1 2nd floor) & unit#9(1/1, 2nd floor)All units rented to long term tenants with no lapse in rental history.
Features & Amenities
Property Highlights
View
- Other
Cooling
- Central Air
Heating
- None
Flooring
- Other
Amenities
- Laundry
- Parking
Appliances
- Refrigerator
Possession
- Close Of Escrow
- Negotiable
Restrictions
- No Restrictions
- Other Restrictions
Listing Terms
- Conventional
- Other
Other Equipment
- None
Pets Allowed YN
- Yes
Tax Information
- Tax Reflects No Exemptions
Association Type
- Condominium
- Homeowner Association
ExteriorFeatures
- Lighting
- None
SecurityFeatures
- Security Fence
Exterior Features
- Lighting
- None
Security Features
- Security Fence
Master BedroomBath
- Master Bdrm - Ground
AssociationAmenities
- Laundry
- Parking
Showing Requirements
- Appointment Only
Construction Materials
- Other
Application Information
- 3-4 Weeks Approval
Association Fee Includes
- Maintenance Grounds
- Trash
- Water
Leasing Permitted Details
- Okay To Lease
- Okay To Lease During First Year
Specifications
Property Details
Location