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Dashboard
- 8 Beds
- 4 Baths
- 3,325 Sqft
- 166 DOM
21870 Sw 118th Ave
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).
Essential Information
- MLS® #A11632711
- Price$1,174,000
- Bedrooms8
- Bathrooms4.00
- Full Baths4
- Square Footage3,325
- Year Built2021
- TypeResidential
- Sub-TypeSingle Family Residence
- StyleOne Story
- StatusActive
Community Information
- Address21870 Sw 118th Ave
- Area69
- SubdivisionRANDOLPHS ADDN TO GOULDS
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33170-2962
Amenities
- UtilitiesCable Available
- FeaturesOther
- Parking Spaces4
- ParkingDriveway
- ViewOther
Interior
- InteriorCeramic Tile
- HeatingCentral, Electric
- CoolingCentral Air
- # of Stories1
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Exterior
- RoofShingle
- ConstructionBlock
Exterior Features
Fence, Security/High Impact Doors, Patio
Additional Information
- Listing Courtesy ofEXP Realty LLC
- Date ListedJuly 30th, 2024