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- LoopNet Team
5960 NE 5th Ct
Miami, FL 33137
Aquarius Miami Condo · Multifamily Property For Sale
·
4 Units
Investment Highlights
- $400 HOA per month
- No Rental Restrictions. No association approvals. Can rent for 1 day, 365 times a year
Executive Summary
-4 Units for sale, seller wants a package deal -Short-term/Airbnb friendly, 1-Day rentals 365 times a year -No rental restrictions, No Association Approvals -All 4 units are currently occupied with flexible leases -Rental rates at market value bring a 6% cap rate -Low HOA payment of $400 per month -Walking distance from Morningside Park & Legion Park -1 parking space per unit -Seller renovated units as needed within the last 2 years -The building has 9 units total -7 units would be needed to control the HOA -Property zoned for T5-L (Mixed Use)
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Kitchen
Site Amenities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | $2,500 | 747 - 825 |
