12877 SW 17th Terrace Miami FL 33175 Sold 01/31/2024
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Overview of 12877 Sw 17 Terrace
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Don't miss this property for sale in University Lakes! 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.
This lovely property was built in 1971 and features 5 bedrooms, and 4 full bathrooms. This property for sale is 0 square feet, with 0 sq ft being air conditioned living space. The property has a does not have a private swimming pool.
Paying $1,070 monthly to rent the land space and producing $6,000-$7,000 in potential GCI when fully rented. Great investment with a 20%-25% Cap Rate.
Please contact your ZFC agent for more information about MLS# AX-11508980 or any other properties for sale in Miami or elsewhere in the Miami-Dade County area.
12877 Sw 17 Ter Price Calculator
The payment calculator figures for 12877 Sw 17 Terrace should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this property for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $0 but will likely change when this property sells. These estimations are calculated from a list price of $200,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the property characteristics and location.
Recent Property Sales near 12877 Sw 17 Ter
MLS# AX-11508980 Listing History
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Map of 12877 Sw 17 Ter Miami FL 33175
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