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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

    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.

    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#: A11508980MLS LogoOriginating 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