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BULK CONDO PORTFOLIO

8 Properties Offered at $3,373,579 CAD in Miami, FL

Investment Highlights

  • Close to a variety of retail shops, restaurants, and cafes, offering a range of dining and shopping experiences.
  • Positioned in a vibrant, centrally-located neighborhood with easy access to major roadways and public transit.

Executive Summary

Excellent opportunity for investments! 8 units rented to LONG-TERM. Tenants on annual leases and all units are maintained
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.
NOI $149,697 per year, Gross Rental Roll $212,400 per year, ROI 8.9% monthly.
In addition, we have 7 other 2/2 units located in Miramar, and The Hammocks.

Property Facts

Price $3,373,579 CAD
Price / SF $419.29 CAD / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 6.29%
Sale Type Investment
Status Active
Number of Properties 8
Individually For Sale 0
Total Building Size 8,046 SF
  • Listing ID: 32097598

  • Date on Market: 2024-06-11

  • Last Updated:

  • Address: BULK CONDO PORTFOLIO, Miami, FL

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