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About This Property
Prime Income Property – Investor Opportunity | Coral Gables Area Excellent income-producing investment in the Coral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, delivering immediate cash flow in a high-demand rental market. The property consists of a renovated main house (3 Bed / 2 Bath) rented at $3,650/month, plus two independent efficiencies, each rented at $1,700/month, both with private entrances and in-unit laundry. Total Monthly Income: $7,050 | Annual Income: $84,600 The main residence has been fully renovated with modern finishes, new flooring, updated electrical and plumbing, new roof, and impact windows and doors. The efficiencies are well laid out, low maintenance, and highly desirable for tenants. Situated on a corner lot with ample parking, boat space, storage, and hookups for an additional laundry. The backyard offers space for a pool, and pool construction plans are included, providing a value-add opportunity to increase future rents and overall asset value. No HOA. Strong rental demand. Long-term appreciation potential. Ideal for investors seeking a turnkey, cash-flowing asset with upside. AS-IS sale with right to inspect. Tenants in place — do not disturb.
Property Features
County
Miami-Dade County
Section
6
Area
1925
Subdivision
TRAIL GRANADA ADDN
Interior
First Floor Entry, Closet Cabinetry, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Storage, Utility/Laundry In Garage
Cooling
Central Air
Bedrooms
5
Floors
Tile
Full Baths
4
Appliances
Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer Leased
Heating
Central
Style
Attached, Half Duplex, One Story
Garage Spaces
0
Construction/Exterior
CBS Construction
Patio / Deck Description
Exterior
Lighting
Has a Pool
Possession
Lot Size in Acres
Water
Municipal Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
6272
Has Waterfront
No
Parking Description
Paver Block
View
None
Has Garage
No
Roof/Attic
Aluminum
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Single Family Residence
Tax Year
2024
Year Built
1951
Tax Amount
$2282
APN
NA
Square Feet Source
NA
Map
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