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Condo/Co-op For Sale
$199,999

BTC: 3.14463836

ETH: 105.11657486

2 days
2 bds
1 ba
650 sqft

Overview

Cash machine with long term rental+appreciation growth prospects High demand/rental area due to proximity to Brickell & Downtown Continuously rented to the same long term tenant (over 10 years) Current rent $2000.00 (8.6% net and growing yearly) Unit recently remodeled with new AC and appliances, porcelain flooring and modern outlook. Minimal involvment required, building is well managed by current BOD & an offsite manager. 40 year certification was completed in 2024 (next one due in 2034). New roof, exterior lighting, asphalt, cameras and gate. One reserved parking with this unit. Also available unit#2(2/1 next door) unit#11(2/1 2nd floor) & unit#9(1/1, 2nd floor) All units rented to long term tenants with no lapse in rental history.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
1972
Lot:
No Data
Heating:
None
Price/sqft:
$308
Cooling:
Central Air
HOA:
$373

Highlights

Annual tax
$2,344
2025
HOA
$373/mo
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All facts and features
  • Flooring

    • Other

    Heating

    • None

    Cooling

    • Central Air

    Appliances

    • Refrigerator

    Other interior features

    • Second Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: None

    Other Property Information

    • Parcel Number: 01-31-34-097-0010

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $373

    • HOA Frequency: Monthly

    • Annual tax amount: $2,344

  • Source details

    • MLS ID: A12060854

    Other facts

    • Construction Materials: Other

    • Living Area: 650

    • Subdivision Name: SEGOVIA GARDENS CONDO

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida Realty of Miami Corp