Miami, FL 33170,21870 SW 118th Ave
Miami, FL 33170,21870 SW 118th Ave
Miami, FL 33170,21870 SW 118th Ave
Miami, FL 33170,21870 SW 118th Ave
Miami, FL 33170,21870 SW 118th Ave
Miami, FL 33170,21870 SW 118th Ave
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$ 1,174,000
Est. payment | /mo

8 Beds

4 Baths

3,325 SqFt


$ 1,174,000
Est. payment | /mo

8 Beds

4 Baths

3,325 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,325 sqft

Price per Sqft $353

Subdivision Randolphs Addn To Goulds

MLS Listing ID A11632711

Style One Story

Bedrooms 8

Full Baths 4

Construction Status Effective Year Built

HOA Y/N No

Year Built 2021

Annual Tax Amount $11,742

Tax Year 2023

Lot Size 7,000 Sqft

Property Description

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).

Location

State FL

County Miami-dade

Community Randolphs Addn To Goulds

Area 69

Interior

Interior Features Bedroom on Main Level, Breakfast Area, First Floor Entry, Living/Dining Room

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Fence, Security/High Impact Doors, Patio

Carport Spaces 4

Pool None

Community Features Other

Utilities Available Cable Available

View Other

Roof Type Shingle

Porch Patio

Garage No

Building

Lot Description 1/4 to 1/2 Acre Lot

Faces West

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story

Structure Type Block

Construction Status Effective Year Built

Others

Pets Allowed Size Limit, Yes

Senior Community No

Tax ID 30-69-13-002-0210

Ownership Other Ownership

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Pets Allowed Size Limit, Yes

Listed by EXP Realty LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 300-6180

broker@smartmiamirealty.com

9831 NW 58th St UNIT 141, Doral, Florida, 33178, United States

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21870 SW 118th Ave