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11 52nd Avenue 7a
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PRICED AT ONLY: $190,000

Address: 11 52nd Avenue 7a, Coral Gables, FL 33134

Description

Investors Dream. Welcome to this first floor, rarely available investment property in Coral Gables. Already Rented for $1,832 per month to a Section 8 tenant. Current Net Cap Rate after taxes and HOA, sitting at a competitive 8.33%. This community offers an incredibly low HOA fee of only $308 per month, No upcoming special Assessments for your peace of mind, and it allows new owners to Rent right away. The unit has been meticulously maintained, and 100% ready for its new owner to Close, sit back and immediately begin to collect Rent. This property is one of 6 in a very attractive portfolio, if you'd like more information, please contact us to schedule a Showing right away.

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  • MLS#: F10555400 ( Residential )
  • Street Address: 11 52nd Avenue 7a
  • Viewed: 5
  • Price: $190,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 3

Description

Investors Dream. Welcome to this first floor, rarely available investment property in Coral Gables. Already Rented for $1,832 per month to a Section 8 tenant. Current Net Cap Rate after taxes and HOA, sitting at a competitive 8.33%. This community offers an incredibly low HOA fee of only $308 per month, No upcoming special Assessments for your peace of mind, and it allows new owners to Rent right away. The unit has been meticulously maintained, and 100% ready for its new owner to Close, sit back and immediately begin to collect Rent. This property is one of 6 in a very attractive portfolio, if you'd like more information, please contact us to schedule a Showing right away.
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Features
Building and Construction
  • Exterior Features: Balcony, Other
  • Flooring: Ceramic Tile
School Information
  • High School: South Miami
  • Middle School: Kinloch Park
  • School Elementary: Henry M. Flagler
Garage and Parking
  • Parking Features: Guest
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Number Limit, Yes
Amenities
  • Association Amenities: Maintenance, Other
Finance and Tax Information
  • Home Owners Association Fee Includes: Common Areas, Maintenance Structure, Sewer, Trash, Water
  • Home Owners Association Fee: 308
  • Tax Year: 2025
Other Features
  • Appliances: Electric Range, Gas Range, Microwave, Oven, Refrigerator, Water Heater, Water Purifier, Water Softener
  • Legal Description: CAROLYNN TOWNHOUSE CONDO UNIT 7-A UNDIV .0296% INT IN COMMON ELEMENTS OFF REC 11333-469 OR 19851-4718 0801 4
  • Parcel Number: 01-41-06-124-0070
  • Style: Other
  • Unit Number: 7A
Nearby Subdivisions
Carolynn Townhouse   First Alhambra Circle Con   The Minorca Condo  
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Details for 11 52nd Ave 7a, Coral Gables, FL 33134
$190,000.00

11 52nd Ave 7a Virtual Tour More Like This

Investors Dream. Welcome to this first floor, rarely available investment property in Coral Gables. Already Rented for $1,832 per month to a Section 8 tenant. Current Net Cap Rate after taxes and HOA,

  1. Request Information
  1. Bedrooms: 1
  1. MLSID: F10555400
  2. Provided by La Rosa Realty Beaches LLC
  3. Contact Dayana Sanchez
  4. (954) 526-7318
  5. Fort Lauderdale, FL MLS IDX
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