Property Features
- Status: Active
- Category: For Sale
- Type: Condominium
- Subdivision Name: BISCAYNE POINT CONDO
- Bedrooms: 1
- Bathrooms: 1
- Half Baths: 0
- Living Square Feet: 709 sq ft
- Lot Size Square Feet: 0 sq ft
- Pets Allowed: Restrictions Or Possible Restrictions
- Association Y/N: Yes
- Association Fee: $367
- Tax Year: 2024
- Tax Annual Amount: $3,425
- Original List Price: $338,000
- DOM: 0
- MLS ID: A11778918
Description
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Description:
Investor alert! This fully remodeled condo in North Miami presents an exceptional turnkey investment opportunity, boasting a long-term tenant in place at a market rent of $2,400 per month and a solid 6.2% cap rate. Featuring modern finishes, Fully occupied with impact windows, an in-unit washer and dryer, and dedicated parking, this property offers both tenant appeal and financial stability. With a built-in 10% reserve for added peace of mind, this meticulously updated unit is ready to generate immediate returns. Don't miss out on adding this high-performing asset to your portfolio!
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Building Details
- Building Area Total: 709 sq ft
- Parking Features: 1 Space, On Street
- Security Features: Elevator Secure, Card Entry, Lobby Secured
- View: Other View
- Building Name: BISCAYNE POINT CONDO
- Covered Spaces: 1
- Construction Materials: CBS Construction
- Accessibility Features: Accessible
- Garage Spaces: 1
- Entry Level: 1
- Garage Y/N: Yes
Rooms
- Room Bedroom Features: At Least 1 Bedroom Ground Level
- Room Living Room Features: Utility Room/Laundry
Amenities & Features
- View Y/N: Yes
- Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
- Door Features: High Impact Doors
- Cooling Y/N: Yes
- Window Features: Complete Impact Glass
- Cooling: Central Air
- Interior Features: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Walk-In Closet(s), Utility Room/Laundry
- Heating: Electric
- Flooring: Vinyl
Location
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This Condominium style property is located in North Miami is currently For Sale. This property is listed at $338,000. It has 1 bed, 1 bath, and has 709 sq ft. The property was built in the year Effective Year Built, 1972. Listing courtesy of Related ISG Realty, LLC.