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3
Bedrooms
2
Bathrooms
1,125 sqft
Interior
1985
Year built
$385 / mo
HOA
Condominium
Type
About this home
PRICE ADJUSTMENT. HANDYMAN SPECIAL! INVESTOR'S DREAM! Bring your vision and take advantage of this exciting opportunity to transform a three-bedroom unit into your next rental property or personal residence. An excellent option for buyers seeking a renovation project with equity potential, this unit offers the chance to add value through repairs and improvements. The three-bedroom layout provides flexibility for future tenants or an owner looking for additional space. Update the interior to your taste, install the missing appliances, and prepare the property for its next chapter. THE KITCHEN HAS NO STOVE OR REFRIGERATOR. THE A/C REQUIRES SERVICE AND MAY NEED REPLACEMENT. THE BATHROOMS NEED REMODELING. Buyers should factor these items and any additional improvements into their renovation budget. Seller is motivated. Whether you are expanding your investment portfolio or searching for a property you can improve and make your own, this is an opportunity worth exploring. Buyers should verify rental eligibility, applicable restrictions, and property condition. Rental readiness will depend on completion of necessary work and any required approvals. Don't let this opportunity pass you by—schedule your showing and submit your offer today!
Features
- No Interior Features
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.