3581 SW 117th Ave Unit 5-206 Miami, FL 33175
LOWEST PRICED CONDO & SELLER HIGHLY MOTIVATED. Attention investors! Excellent income-producing opportunity with 6% CAP RATE featuring a 2/1 condo in a highly desirable location near FIU, Kendall Regional Hospital, & Turnpike. Conveniently located near Bird Road & 117th Ave, this unit offers strong rental appeal & immediate cash flow potential. Unit is currently rented for $1,800/month until 3/31/27 with a reliable long-term tenant in place. The gated community features security, pool, laundry facilities, guest parking & 1 assigned parking space. Residents enjoy easy access to supermarkets, hardware stores, medical centers, banks & many restaurants nearby. New roofs are being installed & buildings are being painted. Seller will pay current assessment at closing. 24-hour notice required for showings. Showings available Monday-Friday from 5:30 PM to 7:00 PM only.
property details
Interior Features
Electric Range
Microwave
Refrigerator
Exterior Features
Utility & Building Info
Central
Price History
| date | event | price | source |
|---|---|---|---|
|
07/30/2026
07/30/2026
|
Active |
$230,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
|
06/26/2026
06/26/2026
|
Active |
$245,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
|
05/15/2026
05/15/2026
|
Active |
$257,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
Market Trends
Source: Constellation1
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