Off-Market Property at 1556 NW 68th Ter, Miami, FL 33147

1556 NW 68th Ter, Miami, FL 33147

$499,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $181 per day and long-term for an average of $3,220 per month, based on similar listings in the area. Estimated short-term cap rate of 1.5%. Estimated long-term cap rate of 0.9%. BEST DEAL ON THE MARKET! CLOSED SALE COMPS AT $530K! OPEN TO OFFERING SELLER CREDITS! Come see this beautiful NEW home in the heart of Miami, Features great floor plan with 3 bedrooms and 2 baths, large open kitchen with stainless steel appliances included PLUS a one car garage. Privacy fence, large-format ceramic tile flooring, lots of natural light throughout the entire house. Impact Windows greatly reduces Insurance Costs! New fence recently installed! Minutes from I-95, Wynwood, Downtown, Brickell, & Design District. Can't get any more hassle-free than new construction!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2248
Bedrooms
3
Bathrooms
2
SQFT
1,081
Furnished
N/A
Year built
2024
Listing Status
Off Market
MLS
A11756646

Short-term Rental Potential
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$41,700

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$461

Price/SQFT

Long-term Rental Potential
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$38,640

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,220/mo

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