INFLATION SHIELD IN PRIME DADELAND: Fully renovated investor turnkey asset yielding a stable 5% cap rate from day one with a cooperative tenant paying $2,000/month. LOCATION GOLDMINE: Minutes to Dadeland Mall, top-tier dining & instant access to the Palmetto Expressway ensuring historically low vacancy rates. EQUITY KICKER: Complex is undergoing a 100% exterior modernization, roofs already finished with paint & roads to follow. FULLY PAID BY SELLER. Buy at today's price & capture immediate equity appreciation as the complex transformation finishes. Cash or non-conforming financing preferred due to active site improvements.
116 days
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97
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1
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Zillow last checked:
Listing updated:
Listed by:
Diane Troy305-270-2115,
Real Estate Sales Force
Source: MIAMI,MLS#: A12011677Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Heating
Central, Electric, Reverse Cycle
Cooling
Ceiling Fan(s), Central Air, Electric, Ridge Vent/Turbines
Appliances
Included: Trash Compactor, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
Amenities included: Bike Storage, Clubhouse-Clubroom, Laundry, Fitness Center, Exterior Lighting, Storage, Handball/Basketball, Kitchen Facilities, Library, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Car Wash Area