Best Investors Opportunity! This property offers a higher yield than the average in Miami. Gross Cap Rate here will be around 9%... Plus it's totally remodeled, pictures speak for themselves. Market Rent per month is $1.450 and HOA is low $240. Investors friendly community, no HOPA, can rent immediately. Centrally located, in middle of major the intersections I-95, Floridas Turnpike and Palmetto Expressway. No Assessments (All are already paid). Walmart is across the street. Cash offers ONLY or Hard Equity. Small units are great to keep maintenance expenses low.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- FirstFloorEntry
- Flooring: Vinyl
Appliances
- Refrigerator
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
- Other Structures: Apartment
Garage and Parking
- Parking Features: OneSpace
Homeowners Association
- Association: Yes
- Association Amenities: Laundry
- Association Fee: 240
- Association Fee Frequency: Monthly
- Association Fee Includes: Sewer, Water
- Calculated Total Monthly Association Fees: 240
- Pets Allowed: No
Rental Info
Other Property Info
- Annual Tax Amount: 1870
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: NEW WORLD CONDO APTS III
- Parcel Number: 34-21-12-037-0640
- Postal City: Miami Gardens
- Postal Code Plus 4: 4904
- Subdivision: NEW WORLD CONDO APTS III
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 450
- Year Built: 1971
- Building Area Total: 450
- Entry Level: 1
- Entry Location: 1
- Property Age: 54
- Property Attached: Yes
- Building Total Stories: 2
- Year Built Details: Resale
Home Features
- Security Features: ComplexFenced, KeyCardEntry