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21870 SW 118th Ave, Miami, Florida 33170

Active For Sale
$1,174,000
  • Beds 8
  • Baths 4
  • Sq Ft 3,325 Sqft
  • Visits: 16 in 165 days

Description

Turnkey investment opportunityrnrnThis well-maintained property generates $82,800 annually in rental income, with an impressive net operating income (NOI) of $64,800. At the current asking price of $1,174,000, it offers a competitive cap rate of 5.52%, making it a great option for both experienced investors and first-time investors looking for steady cash flow.rnrnKey benefits for the investorrnrn 1. Stable cash flowrn 2. Attractive cap ratern 3. Turnkey opportunityrn 4. Potential for improvementrn 5. Desirable location:rnThe property is located in a high demand or growing area, with local economic trends, low vacancy rates and proximity to amenities (e.g. schools, public transportation, businesses).

Features

  • Swimming Pool: No
  • Heating System: Central, Electric
  • Cooling System: Central Air
  • Pet Policy: Yes, Size Limit
  • Patio: Patio
  • Parking: Driveway

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater, Disposal

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: RANDOLPHS ADDN TO GOULDS
  • Zipcode: 33170
  • Street: 118th Ave
  • Street Number: 21870
  • Floor Number: 0
  • Longitude: W81° 37' 2.2''
  • Latitude: N25° 33' 49.6''
  • Street Dir Prefix: SW
  • MLS Area: 69

MLS Addon

  • Architectural Style: One Story
  • Association Fee: $0
  • Carport Spaces: 10/01/2025
  • Close Price: $0
  • Community Features: Other
  • Exterior Features: Security/high Impact Doors, Patio, Fence
  • Flooring: Ceramic Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, Breakfast Area, First Floor Entry, Living/dining Room
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Listing Terms: Cash, Conventional, Fha, Va Loan
  • Lot Features: 1/4 To 1/2 Acre Lot
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $11,742
  • Tax Year: 2023
  • Utilities: Cable Available

Location

Listing Updated: 2025-01-10 18:10:15

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11632711
  • Price : $1,174,000
  • View : Garden, Other
  • Bedrooms : 8
  • Bathrooms : 4
  • Full Bathrooms : 4
  • Half Bathrooms : 0
  • Square Footage : 3,325 Sqft
  • Year Built : 2021
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 165
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