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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palmetto Bay at 14500 SW 88th Ave APT 237, Palmetto Bay, FL, 33176 earns from $2,632/mo rent with a $1,468/mo payment. Total monthly income totals $2,632/mo. ROI tracks 18.92% on current figures, and rental yield reads 10.53% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 101.32% and total cumulative return in cash sums $100,732. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,632/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$692 monthly HOA
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Price change | $299,900 |
| 2024-10-29 | Price change | $309,900 |
| 2024-10-17 | Price change | $318,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $3043.84 | 23.45% | $154,944 | 10.00% |
| 2022-12-26 | $2465.62 | 29.88% | $140,859 | 54.95% |
| 2021-12-26 | $1898.44 | 2.03% | $90,907 | 10.00% |
Listed by: Osmany Mondaca • Compass Florida, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11677120
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
