$545,000
$569,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,880 SqFt
SOLD DATE : 08/30/2022
Key Details
Sold Price $545,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,880 sqft
Price per Sqft $289
Subdivision Southwest Manors Sec 4
MLS Listing ID A11247421
Sold Date 08/30/22
Style Detached,One Story
Bedrooms 5
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $6,460
Tax Year 2021
Contingent Pending Inspections
Lot Size 7,500 Sqft
Property Description
Incredible opportunity awaits a business minded buyer looking for a great return on investment! Current Cap Rate is 5.8. Potential for an 8.7% cap rate! This waterfront 5 bedroom 3 bathroom homes is ideally located. Peacefulness and tranquility abound as this property is nestled on a canal and access to the west of the home is prohibited. Has a cul de sac kind of feel. Just under 2,000 sq ft of living space with a split floor plan makes it a property suitable for its current use as an assisted living facility. Property has updated stainless steel appliances, hurricane shutters and piece of mind with a 4 year old roof. Fantastic for investors looking for a turn key investment. Current tenant would love to stay. Call for further details.
Location
State FL
County Miami-dade County
Community Southwest Manors Sec 4
Area 49
Interior
Interior Features Breakfast Bar, Bedroom on Main Level, Breakfast Area, French Door(s)/Atrium Door(s), First Floor Entry, Handicap Access, Living/Dining Room, Split Bedrooms
Heating Central, Wall Furnace
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Flooring Tile
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Fence, Lighting, Patio, Room For Pool, Shed, Storm/Security Shutters
Pool None
Community Features Sidewalks
Waterfront Description Canal Front
View Y/N Yes
View Canal, Garden
Roof Type Shingle
Handicap Access Accessibility Features, Other
Porch Patio
Garage No
Building
Lot Description < 1/4 Acre
Faces Southwest
Story 1
Sewer Public Sewer
Water Public
Architectural Style Detached, One Story
Additional Building Shed(s)
Structure Type Block
Construction Status Resale
Schools
Elementary Schools Zora Hurston
Middle Schools Thomas; W.R.
High Schools Braddock G. Holmes
Others
Senior Community No
Tax ID 30-49-11-005-0170
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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