Off-Market Condo: 05 at 315 NW 109th Ave, Doral, FL 33172

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $116 per day and long-term for an average of $2,524 per month, based on similar listings in the area. Estimated short-term cap rate of -0.3%. Estimated long-term cap rate of 1.0%. Welcome to your lakeside sanctuary! This charming 2-bed, 1.5-bath condo is ideal for first-time home buyers and investors alike. Enjoy a tranquil retreat with picturesque views right from your open balcony. Nestled just a mile from FIU, this property offers both convenience and serenity. Imagine waking up to stunning lake vistas, with cozy bedrooms tucked away upstairs for peaceful nights. Ample guest parking and in-unit laundry enhance the appeal. With the current tenant lease expiring November 2024, this is a perfect opportunity to own a slice of lakeside paradise. Don’t miss out!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$309
Rental Policy
daily
Yearly Taxes
$3705
Bedrooms
2
Bathrooms
2
SQFT
1,050
Furnished
N/A
Year built
1974
Listing Status
Off Market
MLS
A11557107

Short-term Rental Potential
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$26,280

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$295

Price/SQFT

Long-term Rental Potential
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$30,288

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,524/mo

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