House in Miami, Florida 5 bedrooms, 163.97 sq.m. № 2055839

Property description

Prime Income Property – Investor Opportunity | Coral Gables Area Excellent income-producing investment in the Coral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, delivering immediate cash flow in a high-demand rental market. The property consists of a renovated main house (3 Bed / 2 Bath) rented at $3,650/month, plus two independent efficiencies, each rented at $1,700/month, both with private entrances and in-unit laundry. Total Monthly Income: $7,050 | Annual Income: $84,600 The main residence has been fully renovated with modern finishes, new flooring, updated electrical and plumbing, new roof, and impact windows and doors. The efficiencies are well laid out, low maintenance, and highly desirable for tenants. Situated on a corner lot with ample parking, boat space, storage, and hookups for an additional laundry. The backyard offers space for a pool, and pool construction plans are included, providing a value-add opportunity to increase future rents and overall asset value.