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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in South Miami, FL
Listed for sale 3 days ago
$ 355,000
ROI
22.6
Cash Flow/m
282- 2 Bed
- 1 Bath
- 842 sft
6001 SW 70th St APT 137, South Miami, FL, 33143
Listed for sale 4 days ago
$ 380,000
ROI
22.5Cash Flow/m
286- 2 Bed
- 2 Bath
- 1010 sft
6001 SW 70th St APT 513, South Miami, FL, 33143
Listed for sale 6 days ago
$ 300,000
ROI
23.7Cash Flow/m
328- 1 Bed
- 1 Bath
- 652 sft
6001 SW 70th St APT 620, South Miami, FL, 33143
Currently Rented
$ 290,000
ROI
23.0Cash Flow/m
260- 1 Bed
- 1 Bath
- 652 sft
6001 SW 70th St APT 625, South Miami, FL, 33143
Why Invest in South Miami, Florida?
Investing in South Miami provides a unique opportunity for those interested in the condo market. With an appreciation rate of around 4% and favorable rental yields of approximately 5.5%, this area remains attractive for long-term gains. The vibrant community and the mix of demographics contribute to a stable rental occupancy rate of about 92%.
8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rates in South Miami hover around $2,200. This figure is influenced by the high demand for condos in the area.
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