Miami Investment Property for Sale: A Lucrative Opportunity for Savvy Investors
Attention investors! An exceptional opportunity awaits you in the vibrant city of Miami. A fully operating fourplex, boasting a remarkable 6.5% CAP RATE, is now up for sale. But that’s not all – there’s also tremendous potential to further increase its profitability. With the area experiencing significant growth and redevelopment, this investment property is a golden ticket to success.
Located in a prime neighborhood, this fourplex has already proven its value. However, some units are currently renting below market value, presenting a fantastic opportunity for investors to optimize their returns. As tenants are responsible for paying all utilities, the potential for increased profitability is evident. By adjusting the rental rates to align with the current market value, investors can quickly enhance their cash flow.
Furthermore, this property has been somewhat remodeled by the current owner in 2019, ensuring that it meets the modern standards of convenience and aesthetic appeal. Each unit comes equipped with window air conditioning units, independent electrical and water meters, guaranteeing a hassle-free experience for both tenants and landlords.
If that’s not enticing enough, there’s more good news. Another property with the same folio number, A11383490, is also available for sale on the same street. This presents an excellent opportunity for investors looking to expand their portfolio in the area. Whether you choose to purchase these properties together or separately, you’ll undoubtedly reap the benefits of this booming market.
Miami has long been a magnet for real estate investors and for good reason. With its thriving economy, stunning beaches, and vibrant cultural scene, the city attracts tourists and residents alike. The demand for quality rental properties is high, making this investment opportunity even more enticing.
Moreover, Miami’s growth and redevelopment show no signs of slowing down. As the city continues to evolve, property values are expected to soar, ensuring a constant appreciation of your investment. Whether you’re a seasoned investor or just starting your journey, this is an ideal time to capitalize on the city’s momentum.
In conclusion, the Miami Investment Property for Sale is a rare gem that promises exceptional returns. With its impressive CAP RATE, the potential for increased profitability, and ongoing growth in the area, this fourplex is a wise investment choice. Act quickly, as opportunities like this are in high demand. Don’t miss your chance to secure your spot in Miami’s thriving real estate market. Contact the listing agent today and begin your journey toward financial success. Remember, the listed property can be sold together or separately with another enticing opportunity on the same street.
11785 SW 223rd St, Miami, FL 33170