Off-Market Condo: 09 at 315 NW 109th Ave, Doral, FL 33172

315 NW 109th Ave, Doral, FL 33172

- #209

$299,000

Description

Profitable 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 $2,876 per month, based on similar listings in the area. Estimated short-term cap rate of 0.2%. Estimated long-term cap rate of 2.9%. Astonishing lake view from most of the unit. Located at 2nd floor, nice layout with Kitchen, living, dining, 1/2 bath, laundry and balcony on the main floor and 2 bedrooms, 2 bath on second floor. Remodeled kitchen, 2yrs water heater, less than 2 yrs washer/Dryer unit. Centrally Located, close to FIU, Doral, Dolphin Mall, Expressways 826, 836 & Turnpike. Short distance to Miami Dade College, Coral Gables, Miami Int'l Airport, Downtown, Brickell. Community painted 2yrs, pool, tennis court, security guard at night with plenty guest parking. Well kept, a true gem for an investor since is already rented, Lease Agreement ends on July14th, excellent tenants willing to stay

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$291
Rental Policy
daily
Yearly Taxes
$3243
Bedrooms
2
Bathrooms
3
SQFT
1,113
Furnished
N/A
Year built
1974
Listing Status
Off Market
MLS
A11564259

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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$268

Price/SQFT

Long-term Rental Potential
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$34,512

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,876/mo

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