BULK CONDO PORTFOLIO 6 Condos Offered at $1,685,000 in Miami, FL

INVESTMENT HIGHLIGHTS

  • Close to a variety of retail shops, restaurants, and cafes, offering a range of dining and shopping experiences.
  • Positioned in a vibrant, centrally-located neighborhood with easy access to major roadways and public transit.

EXECUTIVE SUMMARY

Excellent opportunity for investments! 6 units rented to LONG-TERM. Tenants on annual leases and all units are maintained
4 units are 2/2, 1 unit 2/1.5 and 1 units 3/2.
Condos located in Fontainebleau:
-Golfview Club Condominium 2 units 2/2.
-Pineside Condominium 1 unit 2/2.
-Pinebark Condominium 1 unit 2/2 and 1 unit 2/1.5, and
in The Hammocks:
-Bayan Tree Condominium 1 units 3/2.
NOI $149,697 per year, Gross Rental Roll $212,400 per year, ROI 8.9% monthly.
In addition, we have 7 other 2/2 units located in Miramar, and The Hammocks.

PROPERTY FACTS

Price $1,685,000
Price / SF $277.92 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 8.88%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 6,063 SF
  • Listing ID: 32097598

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: BULK CONDO PORTFOLIO, Miami, FL