11 SW 52nd Avenue # 7A, Coral Gables FL 33134

$190,000

$357.82/Sq Ft

  • 1 Beds
  • 1 Baths
  • N/A Parking
  • 531 ft²
Description

Investors Dream. Welcome to this first floor, rarely available investment property in Coral Gables. Already Rented for $1,832 per month to a Section 8 tenant. Current Net Cap Rate after taxes and HOA, sitting at a competitive 8.33%. This community offers an incredibly low HOA fee of only $308 per month, No upcoming special Assessments for your peace of mind, and it allows new owners to Rent right away. The unit has been meticulously maintained, and 100% ready for its new owner to Close, sit back and immediately begin to collect Rent. This property is one of 6 in a very attractive portfolio, if you'd like more information, please contact us to schedule a Showing right away.

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$190,000
Beds1
Baths1
Area531 ft²
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