Residential Income Opportunity – Multifamily Mobile Home in University Lakes, Miami, FL Don’t miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. This property offers a unique and profitable investment with four separate rental units: Two units with 2 bedrooms and 1 bathroom each Two units with 1 bedroom and 1 bathroom each Total living area: 1,456 sq ft on a 2,625 sq ft leasehold lot Important Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700. Income Overview Current monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one. Recent Improvements & Features: Updated interiors with laminate flooring, fresh paint, and upgraded appliances Bright, spacious units with large windows and functional layouts Concrete driveway with parking for up to 4 cars Low-maintenance property thanks to recent renovations and updated systems Durable aluminum siding exterior construction Unbeatable Location – University Lakes Community: Peaceful setting with lakes, parks, playgrounds, and community pools Family-friendly and walkable neighborhood Conveniently located near FIU, the Turnpike, Publix, schools, and public transportation Just minutes from shopping, dining, nightlife, and Miami’s vibrant cultural scene Enjoy the rich lifestyle that Miami and University Lakes have to offer This is a rare opportunity to own a cash-flowing, multi-unit mobile home property in a high-demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market. Schedule your showing today and secure your next income-generating asset!
For sale
$218,000
Miami, FL 33184
6beds
1,456sqft
Est.:
Mobile Home
Built in 2004
2,625 Square Feet Lot
$209,700 Zestimate®
$150/sqft
$1,145/mo HOA
What's special
Fresh paintLarge windowsFunctional layoutsLaminate flooringBright spacious unitsDurable aluminum sidingUpgraded appliances
- 27 days
- on Zillow |
- 417 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 08:32am
Listing Provided by:
Johanna Guerrero 786-490-9200,
REALTY ONE GROUP EVOLUTION 786-477-4715
Source: Stellar MLS,MLS#: O6326167
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 1
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Bedroom 4
- Features: Built-in Closet
- Level: First
Bedroom 5
- Features: Built-in Closet
- Level: First
Primary bathroom
- Features: Built-in Closet
- Level: First
Dining room
- Features: Built-in Closet
- Level: First
Kitchen
- Features: Built-in Closet
- Level: First
Living room
- Features: Built-in Closet
- Level: First
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Microwave, Refrigerator
- Laundry: None
Features
- None
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Pool features: Other
- Waterfront features: Lake
Lot
- Size: 2,625 Square Feet
Details
- Parcel number: 3049110000010
- Zoning: 8900
- Special conditions: None
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Mobile Home
Materials
- Metal Frame, Metal Siding
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: Lake, Clubhouse
- Subdivision: 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Playground, Pool, Recreation Facilities, Tennis Court(s)
- Services included: Community Pool, Pool Maintenance, Sewer, Trash
- HOA fee: $1,145 monthly
- HOA name: Hometown America Communities
- HOA phone: 305-226-4251
- Pet fee: $0 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $150/sqft
- Date on market: 7/11/2025
- Listing terms: Cash
- Ownership: Leasehold
- Total actual rent: 72000
- Road surface type: Concrete
- Body type: Double Wide
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