Mobile home with huge potential return on investment and strong cash flow from day 1. Paying $1,090 monthly to rent the land space and producing $6,000-$7,000 in potential GCI when fully rented, this 4 unit property gives a potential Cap Rate of 20%-25%! Units: 2/1 currently renting for $2,400, Large 1/1 currently renting for $1,600, Smaller 1/1 currently renting for $1,300, and other large 1/1: is currently owner occupied and will rent anywhere from $1,500-$1,600. Retail condition and 100% fully functional with 2 Separate and enclosed laundry units, a storage unit, spacious patio on each side, new fence, new A/C, and outdoor countertop for barbecuing. Well divided and spacious property gives a modern and private feel to each tenant.
Sold for $212,000 on 01/31/24
$212,000
12877 SW 17th Ter, Miami, FL 33175
5beds
--sqft
Mobile Home, Manufactured Home
Built in 1971
-- sqft lot
$228,800 Zestimate®
$--/sqft
$3,869 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 02, 2024 at 10:59am
Listed by:
Aaron Simon 786-424-1136,
EXP Realty LLC
Bought with:
Veronica Bagnis, 3251690
Sky Realty Invest. & Mngmt
Source: MIAMI,MLS#: A11508980
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dryer, Refrigerator, Washer
- Laundry: Washer/Dryer Hook-Up
Features
- Flooring: Tile
- Furnished: Yes
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Patio
- Pool features: Community
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 3049110000017
- Zoning: 8900
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Mobile Home, Manufactured Home
Materials
- Manufactured/Mobile Home
- Roof: Manufactured/Mobile Home
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Community
- Community features: Additional Amenities, Clubhouse, Tennis Court(s), Picnic Area, Pool
Location
- Region: Miami
- Subdivision: University Lakes
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,070 monthly
Other
Other facts
- Listing terms: All Cash,Cash
Services availability
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Estimated market value
$228,800