8897 Fontainebleau Blvd # 302, Miami FL 33172

Miami, FL

$2,380,000

Key Details

Status

Active

Property Type

Income/MultiFamily

Year Built

1974

Overview

EXCELLENT OPPORTUNITY!! GREAT FOR INVESTORS!!! **8 Unit Bulk Condo Portfolio Sale** 5 units are 2/2, 1 unit 2/1.5, and 2 units 3/2. Condos located in Fontainebleau: Pineside Condominium 1 unit 2/2, Golfview Club Condominium 2 units 2/2, Bleau Grotto Condo 1 unit 2/2, Pinebark Condominium 1 unit 2/2 and 1 unit 2/1.5, and in The Hammocks: Bayan Tree Condominium 2 units 3/2. All units are rented to LONG-TERM tenants on annual leases and all units are maintained. In addition, we have other 6 2/2 units located in Miramar, and The Hammocks. Price of sale: $1,519,000. NOI $149,697 per year, Gross Rental Roll $212,400 per year, ROI 8.9% monthly.

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The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Listing courtesy of: Homes Real Estate Group Inc.

Ricardo Casanova

Rick@CaneroGroup.com

941-830-5500

Contact Agent

Miami, FL

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