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Florida City, FL

Listing Details

  • $3,354,600
  • MLS# A11905344
  • Type Multi Unit - Multiple
  • Status Active
  • 1,527
    Square Feet
  • 2006
    Year Built

Description

7.6% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2006, ~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 & Floridas Turnpike. Cash/non-appraisal offers... Read more only. This is a rare chance to own a turnkey, high-demand, easy-to-manage portfolio in an up-and-coming market!

Key Features

No amenity information available.

View All Features

Florida City, FL 33034
Subdivision
ABEL HOMES AT KEYS WINDS
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 187
  • Heating: Central
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: Other Lot Description
  • Parcel#: 16-78-25-020-0120
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Other
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $5,059
  • Units: 9
  • Year Built: 2006