Miami, FL 33125

$199,999
2
BD
1
BA
650
SqFt

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List Price
$199,999
MLS#
A12060854
Complex Name
Segovia Gardens Condo
Status
ACTIVE
Type
Condo
Bedrooms
2
Full baths
1
Living Area
650

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

Days on Market
3
Interior Features
Second Floor Entry
Tax Amount
$2,344
Parcel Number
01-31-34-097-0010
Bedroom Description
At Least 1 Bedroom Ground Level
Exterior Features
None
Association Fee
$373
Unit View
Other View
Parking Restrictions
1 Space
Unit Number
1
Elementary School
Comstock
SqFt Liv Area
650
Amenities
Laundry, Exterior Lighting
Year Built
1972
Style
Condo 1-4 Stories, Condo
Restrictions
Corporate Buyer OK, No Restrictions, Ok To Lease, Okay To Lease 1st Year
Development Name
Segovia Gardens Condo
Middle School
Brownsville
Senior High School
Miami Jackson
Construction Type
Other
Section
34

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Listing Courtesy of Florida Realty of Miami Corp, Contact: