Condo Investment Properties for Sale in South Miami, FL
$ 410,000
ROI
20.7
Cash Flow/m
110- 2 Bed
- 2 Bath
- 1010 sft
6001 SW 70th St APT 443, South Miami, FL, 33143
$ 300,000
ROI
24.6Cash Flow/m
404- 1 Bed
- 1 Bath
- 652 sft
6001 SW 70th St APT 324, South Miami, FL, 33143
$ 410,000
ROI
20.2Cash Flow/m
52- 2 Bed
- 2 Bath
- 1010 sft
6001 SW 70th St APT 512, South Miami, FL, 33143
$ 380,000
ROI
22.5Cash Flow/m
286- 2 Bed
- 2 Bath
- 1010 sft
6001 SW 70th St APT 513, South Miami, FL, 33143
Why Invest in South Miami, Florida?
Investing in condos in South Miami offers significant opportunities owing to the area's vibrant culture and steady demand for housing. With a rental yield of around 5.5% and a strong appreciation rate, buyers can expect reliable returns. The area also boasts a rental occupancy rate exceeding 90%, making it an attractive option for investors seeking cash flow.
8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing in a condo in South Miami can provide steady rental income due to high demand and a strong rental market. The area also experiences solid appreciation and favorable demographics, which are crucial for long-term investment.
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