Sold for $212,000

$212,000

12877 SW 17th Ter, Miami, FL 33175

5beds

--sqft

Manufactured Home

Built in 1971

-- sqft lot

$279,200 Zestimate^®

$--/sqft

$3,869 Estimated rent

Home value

$279,200

$229,000 - $346,000

$3,869/mo

Zestimate^® history

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Owner options

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$3,869/mo

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$3,869/mo

Rent Zestimate^®

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$2,541/mo

Est. payment

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$2,541/mo

Est. payment

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What's special

Mobile home with huge potential return on investment and strong cash flow from day 1. Paying $1,090 monthly to rent the land space and producing $6,000-$7,000 in potential GCI when fully rented, this 4 unit property gives a potential Cap Rate of 20%-25%! Units: 2/1 currently renting for $2,400, Large 1/1 currently renting for $1,600, Smaller 1/1 currently renting for $1,300, and other large 1/1: is currently owner occupied and will rent anywhere from $1,500-$1,600. Retail condition and 100% fully functional with 2 Separate and enclosed laundry units, a storage unit, spacious patio on each side, new fence, new A/C, and outdoor countertop for barbecuing. Well divided and spacious property gives a modern and private feel to each tenant.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Electric

Cooling

Electric

Appliances

Included: Dryer, Refrigerator, Washer
Laundry: Washer/Dryer Hook-Up

Features

Flooring: Tile
Furnished: Yes

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Stories: 1
Entry location: First Floor Entry
Patio & porch: Patio
Pool features: Community
Fencing: Fenced
Has view: Yes
View description: None

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 3049110000017
Zoning: 8900

Construction

Type & style

Home type: MobileManufactured
Property subtype: Manufactured Home

Materials

Manufactured/Mobile Home
Roof: Manufactured/Mobile Home

Condition

Year built: 1971

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & neighborhood

Community

Community features: Additional Amenities, Clubhouse, Tennis Court(s), Picnic Area, Pool

Location

Region: Miami
Subdivision: University Lakes

HOA & financial

HOA

Has HOA: Yes
HOA fee: $1,070 monthly

Other

Other facts

Listing terms: All Cash,Cash

Price history

Date	Event	Price
1/31/2024	Sold	$212,000+6%
Source: MIAMI #A11508980 Report a problem
1/10/2024	Pending sale	$200,000
Source: MIAMI #A11508980 Report a problem
1/5/2024	Listed for sale	$200,000
Source: MIAMI #A11508980 Report a problem