11 SW 52nd Avenue # 7A, Coral Gables FL 33134

$190,000

$358/sq ft

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Overview

Bedroom

1

Bath

1

Year Built

1964

Sqft

531

Property Type

Condominium

Property 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.

Property Details

MLS#

F10555400

Unit Floor

1

Total Floor in Bldg

4

Address

11 52nd SW

City

Coral Gables

State/county

FL

Zip/Postal Code

33134

Area

Carolynn Townhouse

Country

United States

HOA

No

Assoc Fee

$308

Assoc Fee Pd

Monthly

Tax Amount

$2,466

Maint Fee

$--

Tax Year

2025

Microwave

Electric Range

Refrigerator

Garden

Garden View

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Boris Gelfand