$1,085,000

Single Family Detached Miami

  • 5 Beds
  • 4 Baths
  • 1,765 Sqft
  • 6,273 Sqft lot
  • Updated: August 5
  • MLS#A11994148

About the Property

Prime Income Property – Investor Opportunity | Coral Gables Area Excellent income-producing investment in the
Coral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, delivering
immediate cash flow in a high-demand rental market. The property consists of a renovated main house (3 Bed / 2
Bath) rented at $3,650/month, plus two independent efficienci
Prime Income Property – Investor Opportunity | Coral Gables Area Excellent income-producing investment in the
Coral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, delivering
immediate cash flow in a high-demand rental market. The property consists of a renovated main house (3 Bed / 2
Bath) rented at $3,650/month, plus two independent efficiencies, each rented at $1,700/month, both with private
entrances and in-unit laundry. Total Monthly Income: $7,050 | Annual Income: $84,600 The main residence has
been fully renovated with modern finishes, new flooring, updated electrical and plumbing, new roof, and impact
windows and doors. The efficiencies are well laid out, low maintenance, and highly desirable for tenants. Situated
on a corner lot with ample parking, boat space, storage, and hookups for an additional laundry. The backyard
offers space for a pool, and pool construction plans are included, providing a value-add opportunity to increase
future rents and overall asset value. No HOA. Strong rental demand. Long-term appreciation potential. Ideal for
investors seeking a turnkey, cash-flowing asset with upside. AS-IS sale with right to inspect. Tenants in place — do
not disturb.
  • Property type

    House

  • Year built

    1951

  • Price/sqft

    $614

Features

  • Pool
  • Garden
  • Terrace
  • Investment Property
  • Renovated
  • Laundry Room
  • Gate
  • Air Conditioning
  • Parking
Features

Lot

  • Investment Property
  • Renovated

Indoor

  • Air Conditioning
  • Laundry Room
  • Stone Countertops

Outdoor

  • Terrace
  • Parking
  • Pool
  • Gate
  • Garden

Explore the Area

5152 SW 6th St, Miami, FL 33134, Coral Gables, Florida, United States View on Google Maps
Price per sqft
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Coral Gables-Coconut Grove

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Coral Gables-Coconut Grove
United States
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55
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2022
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Coral Gables-Coconut Grove
Coral Gables-Coconut Grove
550 Biltmore Way, PH2 A-B, 33134, Coral Gables, United States
View agency profile
Last updated
August 5
First listed
Apr 3
Agent licence
#3626354
Listing reference
2100673607313282
Listing status
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