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$41,900
● Condo - Off Market

#1M

Miami, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,192 Ft²
$87,610
RealtyHop Estimate
109.09%
Since Oct 1, 2009
National-US
Primary Model

About This Property

"Bank-Owned"Foreclosure. Spacious unit with MARBLE floors! Desirable GROUND floor unit in this 55+ community. Click icon to  show.Please see attached instructions for submitting offer.
Unit Size
1,192 Ft²
Days on Market
-
Land Size
-
Price per sqft
$35
Property Type
Condo
Property Taxes
$52
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Beaches MLS #F1002164)

Price History

Date / Event Date Event Price
Sep 22, 2009 Sold
Premium
Sold
Apr 23, 2009 Listed by Prudential Florida Realty $41,900
Listed by Prudential Florida Realty

Property Highlights

Parking Details
Parking Features: Assigned Parking, Guest Parking
Interior Details
Full Bathrooms: 2
Interior Features: No Interior Features
Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
Flooring Type: Marble Floors
Exterior Details
Listing Terms: Conventional
New Construction
Construction Type: Pre-Cast Concrete Construction
Exterior Features: Screened Porch, Storm/Security Shutters
Financial Details
Total Taxes: $618
Tax Year: 2006
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Subdivision Complex Building: Lake Park

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
BEACHES

Listed by: Elizabeth Blake
Prudential Florida Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1002164
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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