16984 SW 113TH CT, #51131E MIAMI, FL. 33157 Pending

$124,000 2 bd, 2 ba, 1240 sqft

Pending

This is a 55+ Community Perfect Deal in 16984 SW 113TH CT, #51131E MIAMI! Great opportunity for a Passive Investor looking for a great ROI! Property is a little dated, but was well maintained. Brand New A/C Unit! W/D Included. Furniture Included in Price! Minimum Repairs Needed! Carpet needed in Living Room and Bedrooms. Tile flooring is dated, but can remain for rental. Kitchen sink faucet will have to be replaced. Interior Paint Needed. This beautiful property can rent for $1400 per month, while the HOA is $388 per month! No buyer restrictions… Tenant has to be 55 or older. It includes a bunch of amenities like A Nice Club House, Pool, Tennis Court and Shuffleboard. ARV of $157,000. Cash Flowing just over $10K/Yr after expenses for a 9% Cap rate!

Comps:
17100 SW 113TH CT. #17100 SOLD: $157,000

Property Details

Price:
$124,000
Address:
16984 SW 113TH CT, #51131E MIAMI, FL. 33157
City:
Miami
State:
Florida
Zip Code:
33157
Year Built:
1969
Terms:
For Sale
Property Type:
Home
Square Feet:
1240
Bedrooms:
2
Bathrooms:
2
Const. Type:
CBS

Call (786) 565-8726 for more details

Property Location

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