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Florida City, FL 33034

About this property

7.4% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius and all rented, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2007, ~1,800 sq. ft. each (1 five-bed, 8 four-bed), with spacious front/back yards, covered garages, and additional driveway parking for 2 vehicles. Two units recently upgraded & currently available for rent. Prime location: 6 blocks from City Hall & Police Dept., 5 mins to restaurants, shops & Florida’s Turnpike. Cash/non-appraisal offers only. This is a rare chance to own a turnkey, high-demand, easy-to-manage portfolio in an up-and-coming market!

About this property

7.4% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius and all rented, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2007, ~1,800 sq. ft. each (1 five-bed, 8 four-bed), with spacious front/back yards, covered garages, and additional driveway parking for 2 vehicles. Two units recently upgraded & currently available for rent. Prime location: 6 blocks from City Hall & Police Dept., 5 mins to restaurants, shops & Florida’s Turnpike. Cash/non-appraisal offers only. This is a rare chance to own a turnkey, high-demand, easy-to-manage portfolio in an up-and-coming market!

Features and Additional Information

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$3,150,000 Active
1,527 sqft
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Area Information

78 | Miami Dade County | ABEL HOMES AT KEYS WINDS

$ 3,150,000
This listing is play_arrow 976.9% higher than the average in the area
$ 292,500 in the area
1,527 SqFt
This listing is play_arrow 10.2% smaller than the average in the area
1,700 SqFt in the area
$ 2,063 $/SqFt
This listing is play_arrow 1093.9% more than the average in the area
$ 173 $/SqFt in the area
298 days on site
This listing is play_arrow 204.1% above the average in the area
98 days on site in the area

Schools in the Area

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Listed By Cristina Giral
Brokerage: Basel Boutique Real Estate

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