$137,000
$149,100
8.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
959 SqFt
SOLD DATE : 08/01/2022
Key Details
Sold Price $137,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 959 sqft
Price per Sqft $142
Subdivision Villas Of Naranja Condo
MLS Listing ID A11172021
Sold Date 08/01/22
Style Other
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Fees $125/mo
HOA Y/N Yes
Year Built 1988
Annual Tax Amount $1,551
Tax Year 2021
Contingent Pending Inspections
Property Description
11% Cap rate!! Phenomenal opportunity being sold ON market, in a growing local economic market. Section 8 lease with the tenant currently leased for $1600.00 per month (below rent market value) other subdivision units have recently rented for $1725.00 and and $1750.00.These units are are rarely on the market-- Ample 3/2 with in unit laundry. Nice floor plan, open community. COA $125 per month.The tenants cover water AND electricity. Make your investment even greater by taking advantage of this purchase; surrounded by an INFLUX of brand new residential developments; around the corner from where the future Larkin Health Science University site, a 42-acre expansion to come...IF IT IS ACTIVE IT IS AVAILABLE... CAN BE SOLD IN A PACKAGE OF 3 UNITS, ALL IN THE SAME COMPLEX, SAME OWNER.
Location
State FL
County Miami-dade County
Community Villas Of Naranja Condo
Area 69
Interior
Interior Features Other
Heating None
Cooling Central Air, Electric
Flooring Tile
Equipment Satellite Dish
Laundry Washer Hookup, Dryer Hookup
Exterior
Amenities Available Other
Waterfront No
View Y/N No
View None
Parking Type Guest, One Space
Garage No
Building
Architectural Style Other
Structure Type Block
Construction Status Resale
Schools
Elementary Schools Air Base
Middle Schools Redland
High Schools Robert Morgan Edu Ctr
Others
Pets Allowed Conditional, Yes
HOA Fee Include Legal/Accounting
Senior Community No
Tax ID 30-69-27-012-0330
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Listed As-Is
Pets Description Conditional, Yes
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Bought with RE/MAX Advance Realty