7.6% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually

Florida City

$3,354,600 USD
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AddressFlorida City
Building NameABEL HOMES AT KEYS WINDS
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$3,354,600
Property StatusActive
MLS NumberA11905344
Living Area1527
Year Built2006
Parking Space Number2
Folio Number16-78-25-020-0120
Zoning Information2100
Days on Market152

Detailed Description: 7.6% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2006, ~1,800 sq. Ft. Each (1 five-bed, 8 four-bed), with spacious front / back yards, covered garages, and additional driveway parking for 2 vehicles. Two units recently upgraded and currently available for rent. Prime location: 6 blocks from City Hall and Police Dept., 5 mins to restaurants, shops and Florida’s Turnpike. Cash / non-appraisal offers only. This is a rare chance to own a turnkey, high-demand, easy-to-manage portfolio in an up-and-coming market!

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Address Information
StateFlorida
CityFlorida City
CountyMiami-Dade County
Zip Code33034
Section25
Zip Code (4 Digits)4661
Financial Information
Price$3,354,600
Price per Foot$0
Folio Number16-78-25-020-0120
Tax Amount$5,059
Tax Year2024
Possession InformationRental Agreement
Full Descriptions
Detailed Description7.6% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2006, ~1,800 sq. Ft. Each (1 five-bed, 8 four-bed), with spacious front / back yards, covered garages, and additional driveway parking for 2 vehicles. Two units recently upgraded and currently available for rent. Prime location: 6 blocks from City Hall and Police Dept., 5 mins to restaurants, shops and Florida’s Turnpike. Cash / non-appraisal offers only. This is a rare chance to own a turnkey, high-demand, easy-to-manage portfolio in an up-and-coming market!
Roof DescriptionOther
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area1527
Zoning Information2100
Year Built2006
Type of PropertyQuadruplex
StyleQuadruplex
Building NameABEL HOMES AT KEYS WINDS
Development NameABEL HOMES AT KEYS WINDS
Construction TypeOther
Stories Number2.000
Parking Space Number2
Listed withBasel Boutique Real Estate