Property Description
Prime Income Property – Investor Opportunity | Coral Gables Area Excellent income-producing investment in theCoral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, deliveringimmediate cash flow in a high-demand rental market. The property consists of a renovated main house (3 Bed / 2Bath) rented at $3,650/month, plus two independent efficiencies, each rented at $1,700/month, both with privateentrances and in-unit laundry. Total Monthly Income: $7,050 | Annual Income: $84,600 The main residence hasbeen fully renovated with modern finishes, new flooring, updated electrical and plumbing, new roof, and impactwindows and doors. The efficiencies are well laid out, low maintenance, and highly desirable for tenants. Situatedon a corner lot with ample parking, boat space, storage, and hookups for an additional laundry. The backyardoffers space for a pool, and pool construction plans are included, providing a value-add opportunity to increasefuture rents and overall asset value. No HOA. Strong rental demand. Long-term appreciation potential. Ideal forinvestors seeking a turnkey, cash-flowing asset with upside. AS-IS sale with right to inspect. Tenants in place — donot disturb.
Property Details
Listing Information
- MLS ID
- A11994148
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1,765 sq ft
- Lot Size
- 6,272 sq ft
- Year Built
- 1951
- Community
- TRAIL GRANADA ADDN
- County
- Miami-Dade
Property Features
- Interior Features
- Closet Cabinetry, Storage
- Exterior Features
- Lighting
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Parking
- Paver Block
- Waterfront
- False
- Property Tax
- $2,282 (2024)
