Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 263, Palmetto Bay, FL, 33176 listed at $320,000 pairs $2,560/mo rent with a $1,566/mo payment. Total monthly income runs $2,560/mo. Return on cash invested measures 17.02% in year one, and rental yield registers 9.6% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 90.78% and total cumulative return in cash totals $96,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,560/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 |
|---|---|---|
| 2024-09-26 | Listed for sale | $320,000 |
| 2017-12-14 | Sold | $1,550 |
| 2017-11-21 | Listing removed | $1,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2688.08 | 25.66% | $121,992 | 10.00% |
| 2022-02-13 | $2139.23 | 6.53% | $110,902 | 10.00% |
| 2021-02-13 | $2008.15 | 2.55% | $100,820 | 10.00% |
Listed by: Danielle Masback • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11664069
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.
