CASH ONLY - Outstanding Investment Opportunity with Approx. 10.9% Net Annual Return! Fully renovated 1-bedroom, 1-bath co-op located in a quiet, gated community in the rapidly growing Little River neighborhood. Ideally situated near Wynwood, the Miami Design District, major highways, and future transit developments. Gross Annual Income: $19,200, HOA: $295/month, Annual Property Taxes: Approx. $2,040, Estimated Net Annual Income: $13,620, Approximate Net Cap Rate/Return: 10.9%, An excellent opportunity for investors seeking immediate cash flow, stable income, and long-term appreciation potential in one of Miami’s emerging neighborhoods.
| MLS # | A11986835 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $295 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 148 |
| Listing Provided By | United Realty Group Inc | Justino Ferret |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 551 |
| Garage | 1 |
| Story(s) | 2 |
| Property View | Other |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | One Space |
| Tax Annual Amount | 1819 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33150 |
| Area | 31 |
| Community Name | PRESTIGE APTS INC CO OP |
| Listing VS Median (in PRESTIGE APTS INC CO OP) | |
Price: $123,900 low | high Med: $130,000 sqft: 551 low | high Med: 551 $ / sqft: $225 low | high Med: $236 On site: 148 low | high Med: 389 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33150 |
| Area | 31 |
| Community Name | PRESTIGE APTS INC CO OP |
| Listing VS Median (in PRESTIGE APTS INC CO OP) | |
Price: $123,900 low | high Med: $130,000 sqft: 551 low | high Med: 551 $ / sqft: $225 low | high Med: $236 On site: 148 low | high Med: 389 | |