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1320 SW 131st Place, Miami FL 33184
About this home
Great investment opportunity in University Lakes Mobile Home Park in Tamiami. This income-producing manufactured home is divided into four efficiency units, currently generating approximately $5,000 per month with tenants in place. Ideal for investors seeking steady cash flow in a market with strong demand for affordable rentals. Located in a highly convenient area with close proximity to major commuter routes, retail destinations, dining options, and key business districts, the property offers excellent accessibility and long-term rental appeal. Optional portfolio sale available—seller also owns three additional manufactured homes within the same community and is willing to sell all four as a package. Seller is motivated. Land is not included in the sale.
Features
- Other
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $683
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.