This centrally located 2-bed, 1.5-bath condo is ideal for investors! Tenant-occupied and well-rented at $2, 300 per month for the next year, this property offers a competitive cap rate of around 8.5%, a great value in todays market. Located near Flagler and the Palmetto Expressway, this second-floor unit provides added privacy, gated parking, an assigned space, and guest parking. With easy access to strip centers, markets, pharmacies, and bus stops, this is a rare chance to own a high-performing investment property in a prime location. Act fastthis opportunity wont last long!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- SecondFloorEntry
- MainLivingAreaEntryLevel
- UpperLevelPrimary
Appliances
- ElectricRange
- Refrigerator
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony, Open
Pool and Spa
- Pool Features: Association
Garage and Parking
- Parking Features: OneSpace, OnStreet
Homeowners Association
- Association: Yes
- Association Amenities: Pool
- Association Fee: 340
- Association Fee Frequency: Monthly
- Association Fee Includes: CommonAreas
- Calculated Total Monthly Association Fees: 340
- Pets Allowed: Conditional, Yes
Other Property Info
- Annual Tax Amount: 2967
- Source Listing Status: Active
- County: Miami-Dade
- Directions: GPS
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: FLAGLER SUITES CONDO
- Parcel Number: 01-40-02-026-0100
- Postal City: Miami
- Postal Code Plus 4: 2844
- Subdivision: FLAGLER SUITES CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 840
- Year Built: 1973
- Building Area Total: 840
- Construction Materials: Block
- Entry Level: 2
- Entry Location: 2
- Property Age: 51
- Property Attached: Yes
- Building Total Stories: 2
- Year Built Details: Resale
Home Features
- Security Features: ComplexFenced