Miami, FL 33125

$199,999
2
BD
1
BA
650
SqFt

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List Price
$199,999
MLS#
A12060854
Bedrooms
2
Bathrooms
1
Sq. Ft
650
Subtype
Condominium
County
Miami-Dade
Community
Segovia Gardens Condo
Subdivision
Segovia Gardens Condo
Year Built
1972

Property Description

Cash machine with long term rental+appreciation growth prospects High demand/rental area due to proximity to Brickell & Downtown Continuously rented to the same long term tenant (over 10 years) Current rent $2000.00 (8.6% net and growing yearly) Unit recently remodeled with new AC and appliances, porcelain flooring and modern outlook. Minimal involvment required, building is well managed by current BOD & an offsite manager. 40 year certification was completed in 2024 (next one due in 2034). New roof, exterior lighting, asphalt, cameras and gate. One reserved parking with this unit. Also available unit#2(2/1 next door) unit#11(2/1 2nd floor) & unit#9(1/1, 2nd floor) All units rented to long term tenants with no lapse in rental history.

Additional Information

Hoa
Yes
Hoa Amount
373
Status Label
ACTIVE
Total Unitsin Complex
12
Unit Floor Number
1
Construction
Other
Cooling
Central Air
Equipment
Refrigerator
Flooring
Other
Heating
None
Parking
1 Space
Bedroom Description
At Least 1 Bedroom Ground Level
Security
Complex Fenced
Taxes
$2,344
View
Other View
Unit Number
1
Total Floors
2
Stories
2
Price Per Sqft
$307

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Listing Courtesy Of Florida Realty of Miami Corp, Contact: