1191 Sw 131 Place, Miami, FL

House

For Sale

$--,---,---

640

Key Facts
Description
Rooms
Map

Key Facts

Type Manufactured Home

Levels Residential

Size 1456 sqft

Garage No

Taxes

Days Active 0

Lot Size

Approx. Age 2004

Avg. Price Per Sqft $149

MLS® Number O6326167

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Residential Income Opportunity – Multifamily Mobile Home in University Lakes, Miami, FL Don’t miss this excellent residential income opportunity in the desirable University Lakes Mobile Homes community. Built in 2004, this property offers a unique and profitable investment with four separate rental units: Two units with 2 bedrooms and 1 bathroom each Two units with 1 bedroom and 1 bathroom each Total living area: 1, 456 sqft on a 2, 625 leasehold lot The land is not owned it is leased from the community’s HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1, 700. Income Overview: Current monthly rent across all four units totals approximately $6, 000, with an estimated net income of $4, 300/month, offering strong and consistent cash flow from day one. Recent Improvements & Features: Updated interiors with modern flooring, fresh paint, and upgraded appliances Bright, spacious units with large windows and functional layouts Concrete driveway with space for 4 cars and a boat Low-maintenance property thanks to renovations and updated systems Aluminum siding exterior construction Unbeatable Location – University Lakes Community: Peaceful setting with lakes, parks, playgrounds, and community pools Family-friendly and walkable neighborhood Near FIU, the Turnpike, Publix, schools, and public transportation Just minutes from shopping, dining, nightlife, and Miami’s vibrant cultural scene The rich lifestyle of Miami and University Lakes offers something for everyone This is a rare opportunity to own a cash-flowing, multi-unit mobile home property in a high-demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market. Schedule your showing today and secure your next income-generating asset!Show Description

MLS® NumberO6326167

Laundry LevelInside

Central VacNo

FireplaceNo

Acreage0

ExteriorOther

GarageNo

Approx. Age2004

Basement

Driveway

Garage Spaces

HeatNone

A/CWall/Window Unit(s)

Heating Fuel

Extras

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