$160,000

1 bed / 1 bath Centrally located in North Miami, rented at $1,700/month through May 31, 2027– investor welcome. Tile floors throughout. Well-situated community with pool, on-site laundry and assigned parking, just south of Biscayne Park and close to supermarkets, banks, restaurants and main roads. Immediate rental income in a high-demand area.
The 40-Year Recertification inspection did not pass initially; however, roof work has been completed. The condominium association is currently completing the electrical work, followed by fire alarm installation and building painting. All special assessments related to this project have already been paid in full, and there are no current special assessments at this time. The building has reserves and can be financed with a 5% down payment.