INFLATION SHIELD IN PRIME DADELAND: Fully renovated investor turnkey asset yielding a stable 5% cap rate from day one with a cooperative tenant paying $2,000/month. LOCATION GOLDMINE: Minutes to Dadeland Mall, top-tier dining & instant access to the Palmetto Expressway ensuring historically low vacancy rates. EQUITY KICKER: Complex is undergoing a 100% exterior modernization, roofs already finished with paint & roads to follow. FULLY PAID BY SELLER. Buy at today's price & capture immediate equity appreciation as the complex transformation finishes. Cash or non-conforming financing preferred due to active site improvements.
Property type
Condominium
MLS number
A12011677
Year built
1967
Days on market
76
Garage
0
HOA
$424
Listing information is provided by the Miami Association of REALTORS® through Bridge Data Output. Listing brokerage: Real Estate Sales Force · 305-392-1497. Information is deemed reliable but is not guaranteed and is subject to change. Only Active listings are shown.