SANS SOUCI CONDO Multi-Family FOR SALE


North Miami, FL - Sans Souci Estates
$1,192,226 USD
954-756-0119
, North Miami, FL for Sale
$1,192,226 USD
Multi-Family - FOR SALE
1/4
null | 4.42% Cap Rate

SANS SOUCI CONDO
North Miami, FL
Sans Souci Estates


HIGHLIGHTS

  • INVESTMENT PORFOLIO
  • 5 UNITS FOR SALE IN THE SAME CONDO
  • PLEASE CONSULT THE MLS TO FIND THE DETAIL FOR EACH UNIT

OVERVIEW

5-Unit Condo Investment Portfolio – 1800 Sans Souci Blvd, North Miami Excellent investor opportunity to acquire a 5-unit condominium portfolio located in the Bayview Palms Condo community at 1800 Sans Souci Blvd, North Miami, FL 33181. All units are tenant occupied, providing immediate rental income. The portfolio is offered at $1,191,000 and includes 5 units totaling approximately 4,924 SF. Current gross monthly rent is approximately $10,540, with annual gross rent of approximately $126,480. Estimated NOI is $52,696.40, representing an estimated portfolio cap rate of 4.42%. The portfolio consists of four 2-bedroom/2-bath units and one large 1-bedroom/1.5-bath corner unit. Several units are top-floor units, and MLS remarks describe the properties as investor-friendly and tenant occupied. The community offers amenities including a pool, gym/exercise room, on-site management, community room, elevator, common laundry, and security/night patrol. This is an excellent opportunity for an investor seeking multiple income-producing units in the same condominium building, with simplified management and long-term rental income in a desirable North Miami location.

ASK ABOUT THIS PROPERTY

Martine BENSOUSSAN GUIMEZMiami Forever Real EstateMore Info
954-756-0119

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Martine BENSOUSSAN GUIMEZMiami Forever Real EstateMore Info
954-756-0119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.