Introducing The Flats at Miami Court: Your Gateway to Prime Real Estate Investment in Miami
✓ 8 Studios, Average Rent $1,784/Month
The Flats at Miami Court offers a unique blend of affordability and luxury living. With 8 spacious studios, this complex averages a monthly rent of $1,784 per unit, making it an attractive prospect for renters seeking quality living spaces.
✓ 2022-2023 Renovations, Low Maintenance
This property has undergone extensive renovations in 2022-2023, ensuring low maintenance costs for years to come. The modern upgrades and meticulous attention to detail not only enhance the property’s aesthetic appeal but also guarantee a hassle-free ownership experience.
✓ Prime Location, Easy Access to Miami Hotspots
Location is key in real estate, and The Flats at Miami Court delivers. Nestled in a prime location, this complex provides easy access to Miami’s hottest spots, including restaurants, shopping centers, entertainment venues, and cultural attractions. Residents will enjoy the convenience of urban living at its best.
✓ Priced at $1,680,000, Cap Rates of 6.3% (Adjusted) and 6.9% (Stabilized)
With a purchase price of $1,680,000, The Flats at Miami Court offers an attractive investment opportunity. The property boasts impressive capitalization rates of 6.3% (adjusted) and 6.9% (stabilized), making it a sound choice for investors seeking solid returns.
✓ Gated Complex, Ample Parking
The gated complex ensures residents’ safety, while ample parking spaces make it hassle-free for tenants and their guests to find a spot.
✓ Potential for Short-Term Rentals (T4-R Zoning)
Unlock the potential for short-term rentals with T4-R zoning. This feature allows for flexibility in renting out units, catering to the growing demand for short-term accommodations in Miami, especially in a city bustling with tourists and business travelers.
✓ Laundry Machine and Storage Unit Produce Extra Income
Increase your income stream with on-site laundry facilities and a storage unit. These additional amenities not only enhance the tenant experience but also generate extra revenue for the property owner.
✓ 40-Year Certification in Place
The Flats at Miami Court is fully compliant with the 40-year certification requirements, giving investors peace of mind and ensuring a smooth ownership experience.