FOR SALE
408 18th Ave #5
Miami-Dade County, Homestead, FL
FOR SALE
Asking
$142,850
BTC
1.370
ETH
36.94
Beds
2
Baths
1
Home Size
806 sq. ft.
Year Built
1977
Tremendous Opportunity for a Buy & Hold Investor: 7 Contiguous Condos being sold together in a package deal for $999,950 that is $142,850 per door. This property is a cash cow with an association fee of $25 per unit & there is lots of upside on the rents. Zillow conservatively estimates the rents should be at $1399/month. The building has a Brand New Roof with Architectural Shingles final permit date 5/19/21. Each condo has Separate Electric & Water Meters. Tenants get bill from City of Homestead for Electric, Water, Sewer & Garbage. Lawn & common areas maintained by association. Central A/C in all 7 units. Each unit has 2 Bed 1 Bath upstairs & 1/2 Bath downstairs. Community has Pool & Tennis Court. Units 3, 5 & 7 are vacant on Supra so go and show. Call the Listing Agent for more details.
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