Miami, FL 33184,Address not disclosed
Miami, FL 33184,Address not disclosed
Miami, FL 33184,Address not disclosed
Miami, FL 33184,Address not disclosed
Miami, FL 33184,Address not disclosed
Miami, FL 33184,Address not disclosed
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$ 218,000
Est. payment | /mo

6 Beds

4 Baths

1,456 SqFt


$ 218,000
Est. payment | /mo

6 Beds

4 Baths

1,456 SqFt

Key Details

Property Type Manufactured Home

Sub Type Manufactured Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $149

Subdivision 11 54 39 152.93 Ac M/L Ne1/4 Of Sec Including Tr 2

MLS Listing ID O6326167

Bedrooms 6

Full Baths 4

HOA Fees $1,145/mo

HOA Y/N Yes

Annual Recurring Fee 13740.0

Year Built 2004

Property Sub-Type Manufactured Home

Source Stellar MLS

Property Description

Residential Income Opportunity – Multifamily Mobile Home in University Lakes, Miami, FL

Don't miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. This property offers a unique and profitable investment with four separate rental units:

Two units with 2 bedrooms and 1 bathroom each

Two units with 1 bedroom and 1 bathroom each

Total living area: 1,456 sq ft on a 2,625 sq ft leasehold lot

Important Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700.

Income Overview
Current monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one.

Recent Improvements & Features:

Updated interiors with laminate flooring, fresh paint, and upgraded appliances

Bright, spacious units with large windows and functional layouts

Concrete driveway with parking for up to 4 cars

Low-maintenance property thanks to recent renovations and updated systems

Durable aluminum siding exterior construction

Unbeatable Location – University Lakes Community:

Peaceful setting with lakes, parks, playgrounds, and community pools

Family-friendly and walkable neighborhood

Conveniently located near FIU, the Turnpike, Publix, schools, and public transportation

Just minutes from shopping, dining, nightlife, and Miami's vibrant cultural scene

Enjoy the rich lifestyle that Miami and University Lakes have to offer

This is a rare opportunity to own a cash-flowing, multi-unit mobile home property in a high-demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market.

Schedule your showing today and secure your next income-generating asset!

Location

State FL

County Miami-dade

Community 11 54 39 152.93 Ac M/L Ne1/4 Of Sec Including Tr 2

Area 99999 - Unknown

Zoning 8900

Interior

Interior Features Ninguno

Heating None

Cooling Wall/Window Unit(s)

Flooring Laminate

Furnishings Unfurnished

Fireplace false

Appliance Microwave, Refrigerator

Laundry None

Exterior

Exterior Feature Other

Pool Other

Community Features Clubhouse

Utilities Available Other

Amenities Available Basketball Court, Clubhouse, Playground, Pool, Recreation Facilities, Tennis Court(s)

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Other

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Structure Type Metal Frame,Metal Siding

New Construction false

Others

Pets Allowed Yes

HOA Fee Include Pool,Sewer,Trash

Senior Community No

Ownership Leasehold

Monthly Total Fees $1, 145

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6326167

Stellar MLS
Listed by REALTY ONE GROUP EVOLUTION
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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