$1,085,000

$615/sq ft

$15,000
Price Decreased

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Overview

Bedroom

5

Bath

4

Year Built

1951

Sqft

1765

Property Type

Single Family Residence

Property Description

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 Details

MLS#

A11913909

Address

5152 6th St SW

City

Coral Gables

State/county

FL

Zip/Postal Code

33134

Area

Trail Granada Addn

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,282

Maint Fee

$--

Tax Year

2024

Microwave

Electric Range

Refrigerator

Washer/Dryer Leased

Washer

None

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Boris Gelfand