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1
Bedrooms
1
Bathrooms
875 sqft
Interior
1967
Year built
$424 / mo
HOA
Condominium
Type
About this home
INFLATION SHIELD IN PRIME DADELAND: Fully renovated investor turnkey asset yielding a stable 5% cap rate from day one with a cooperative tenant paying $2,000/month. LOCATION GOLDMINE: Minutes to Dadeland Mall, top-tier dining & instant access to the Palmetto Expressway ensuring historically low vacancy rates. EQUITY KICKER: Complex is undergoing a 100% exterior modernization, roofs already finished with paint & roads to follow. FULLY PAID BY SELLER. Buy at today's price & capture immediate equity appreciation as the complex transformation finishes. Cash or non-conforming financing preferred due to active site improvements.
Features
- Second Floor Entry
- Entrance Foyer
- Walk-In Closet(s)
- Storage
- West Of Us1
- Barbeque
- Courtyard
- Open Balcony
- Tennis Court(s)
- Garden View
Leasing
- Minimum lease
- 365 days
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,050–$3,800.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.