$250,000
$318,000
21.4%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
709 SqFt
SOLD DATE : 10/02/2025
Key Details
Sold Price $250,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 709 sqft
Price per Sqft $352
Subdivision Biscayne Point Condo
MLS Listing ID A11778918
Sold Date 10/02/25
Bedrooms 1
Full Baths 1
HOA Fees $367/mo
HOA Y/N Yes
Min Days of Lease 365
Leases Per Year 1
Year Built 1972
Annual Tax Amount $3,425
Tax Year 2024
Contingent Association Approval
Property Sub-Type Condominium
Property Description
Investor alert! This fully remodeled condo in North Miami presents an exceptional turnkey investment opportunity, boasting a long-term tenant in place at a market rent of $2,400 per month and a solid 6.2% cap rate. Featuring modern finishes, Fully occupied with impact windows, an in-unit washer and dryer, and dedicated parking, this property offers both tenant appeal and financial stability. With a built-in 10% reserve for added peace of mind, this meticulously updated unit is ready to generate immediate returns. Don't miss out on adding this high-performing asset to your portfolio!
Location
State FL
County Miami-dade
Community Biscayne Point Condo
Area 22
Interior
Interior Features Built-in Features, Bedroom on Main Level, Closet Cabinetry, Eat-in Kitchen, Handicap Access, Kitchen Island, Living/Dining Room, Walk-In Closet(s), Elevator
Heating Electric
Cooling Central Air
Flooring Vinyl
Window Features Impact Glass
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor
Exterior
Exterior Feature Security/High Impact Doors
Garage Spaces 1.0
Amenities Available Elevator(s), None
View Other
Garage Yes
Private Pool Yes
Building
Structure Type Block
Others
Pets Allowed Conditional, Yes
HOA Fee Include Common Areas,Reserve Fund
Senior Community No
Restrictions No Lease 1st Year Owned,OK To Lease
Tax ID 06-22-29-107-0040
Security Features Elevator Secured,Key Card Entry,Lobby Secured
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Seller Financing
Pets Allowed Conditional, Yes
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Bought with Related ISG Realty, LLC.
