Off-Market Property at 680 W Park Dr, Doral, FL, 33172

680 W Park Dr, Doral, FL, 33172

$312,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $155 per day and long-term for an average of $2,420 per month, based on similar listings in the area. Estimated short-term cap rate of 2.8%. Estimated long-term cap rate of 0.9%. Offering a prime location, this condo is just a 2-minute drive from major highways (836, 826) and close to FIU, Dolphin Mall, and International Mall. The first-floor unit is fully remodeled with new appliances, featuring 2 bedrooms, 2 bathrooms, and a private outdoor space. Enjoy the convenience of an in-unit washer/dryer and 2 parking spaces (one assigned, one open). Despite being in a bustling area, the community is quiet and offers good walkability.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$310
Rental Policy
daily
Yearly Taxes
$2722
Bedrooms
2
Bathrooms
2
SQFT
800
Furnished
unknown
Year built
1983
Listing Status
Off Market
MLS
A11535635

Short-term Rental Potential
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$35,112

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$390

Price/SQFT

Long-term Rental Potential
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$29,040

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,420/mo

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