








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 8701 SW 141st St APT A3, Palmetto Bay, FL, 33176 earns from $1,432/mo rent with a $1,003/mo payment. Total monthly income totals $1,432/mo. ROI tracks 13.48% on current figures, and rental yield reads 8.38% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 71.74% and total cumulative return in cash sums $48,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,432/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$387 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 |
|---|---|---|
| 2025-01-30 | Price change | $205,000 |
| 2025-01-23 | Listed for sale | $225,000 |
| 2024-02-06 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2415.79 | 11.98% | $135,721 | 10.00% |
| 2022-02-13 | $2157.28 | 6.39% | $123,383 | 10.00% |
| 2021-02-13 | $2027.66 | 3.65% | $112,167 | 3.00% |



Listed by: George Bunassar • Premier Elite Realty Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11730915
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.