Cash machine with long term rental+appreciation growth prospects
High demand/rental area due to proximity to Brickell & Downtown
Current rent $2000.00 (8.6% net and growing yearly)
Lease was renewed recently and expires July 31 2027
Security deposit with owner=$4000.00
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 first floor) unit#1(2/1 first floor) & unit#9(1/1, 2nd floor)
Property type
Condominium
MLS number
A12075049
Year built
1972
Days on market
0
Garage
0
HOA
$373
Listing information is provided by the Miami Association of REALTORS® through Bridge Data Output. Listing brokerage: Florida Realty of Miami Corp · 305-598-5488. Information is deemed reliable but is not guaranteed and is subject to change. Only Active listings are shown.