21870 sw 118th ave

Miami, FL 33170

8 BEDS 4-Full BATHS
Residential - Single Family
Image 1
Bedrooms 8
Total Baths 4
Full Baths 4
Status Off Market
MLS # A11632711
County Miami-Dade County
More Info
Category Residential - Single Family
Status Off Market
MLS # A11632711
County Miami-Dade County
Turnkey investment opportunity This well-maintained property generates $82,800 annually in rental income, with an impressive net operating income (NOI) of $64,800. At the current asking price of $1,174,000, it offers a competitive cap rate of 5.52%, making it a great option for both experienced investors and first-time investors looking for steady cash flow. Key benefits for the investor 1. Stable cash flow 2. Attractive cap rate 3. Turnkey opportunity 4. Potential for improvement 5. Desirable location: The property is located in a high demand or growing area, with local economic trends, low vacancy rates and proximity to amenities (e.g. schools, public transportation, businesses).
Listing
Street
Satellite

Exterior Features

  • Style Attached, One Story
  • Construction Single Family
  • Roof Shingle
  • Garage No
  • Water Municipal Water
  • Sewer Public Sewer
  • Lot Description 1/4 To Less Than 1/2 Acre Lot

Interior Features

  • Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Heating Central, Electric
  • Cooling Central Air
  • Year Built 2021

Neighborhood & Schools

  • Subdivision RANDOLPHS ADDN TO GOULDS

Financial Information

  • Parcel ID 30-69-13-002-0210
  • Zoning 3150

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.