21870 SW 118th Ave, Miami, 33170

  • $1,174,000

Buy

Miami

21870 SW 118th Ave, Miami, 33170

Miami

  • $1,174,000

Quick Details

MLS #: A11632711
  • Property Type
  • Single Family Residence
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 0
  • Garage
  • 3325
  • sqft
  • 7000
  • Lot sqft
  • 2021
  • Year Built

Description

Turnkey investment opportunity

This well-maintained property generates $82,800 annually in rental income, with an impressive net operating income (NOI) of $64,800. At the current asking price of $1,174,000, it offers a competitive cap rate of 5.52%, making it a great option for both experienced investors and first-time investors looking for steady cash flow.

Key benefits for the investor

1. Stable cash flow
2. Attractive cap rate
3. Turnkey opportunity
4. Potential for improvement
5. Desirable location:
The property is located in a high demand or growing area, with local economic trends, low vacancy rates and proximity to amenities (e.g. schools, public transportation, businesses).

  • Address 21870 SW 118th Ave
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33170
  • Area Miami-dade County

Details

  • MLS #: A11632711
  • Price: $1,174,000
  • Property Size: 3325 sqft
  • Land Area: 7000 sqft
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage: 0
  • Year Built: 2021
  • Property Type: Single Family Residence
  • Property Status: Buy
Listed by Luz Bolivar · EXP Realty LLC - Updated on January 11, 2025 at 7:05 am

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For more information about this Single Family Residence for Buy currently listed for $1174000 located in 21870 SW 118th Ave Miami, Florida 33170 please call our real estate office at 1-(305) 728-0840

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