$199,999

Cash machine with long term rental+appreciation growth prospects
High demand/rental area due to proximity to Brickell & Downtown
Current rent $2000.00 (8.6% net and growing yearly)
Lease was renewed recently and expires July 31 2027
Security deposit with owner=$4000.00
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 first floor) unit#1(2/1 first floor) & unit#9(1/1, 2nd floor)