8320 NW 10 Ave, Miami, FL 33150 — MLS photo

Active · SingleFamilyResidence

$672,500

8320 NW 10 Ave, Miami, FL 33150

Beds: 4
Baths: 4
Living area: 2,070 sq ft
$ / sq ft: $325/sq ft
Year built: 1951
Lot size: —
HOA fee: —
Annual tax: $9,157

About this property

Great opportunity to purchase a single-family home already producing income. 4/4 Waterfront Home with over 2200 Sq Ft and a 9800 Sq Ft lot. This property is rented to a Corporate Tenant paying $5500 per month. This home has Four Bedrooms and Four Baths. Contact me today for more info. Potential income producing with current tenant. $5500 per month.

Property location

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8320 NW 10 Ave, Miami, FL 33150

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Facts & features

Interior

Bedrooms: 4
Bathrooms: 4
Living area: 2,070 sq ft
Flooring: Laminate
Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Bedroom On Main Level, Eat In Kitchen, First Floor Entry

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1951
Architectural style: Detached, One Story
Roof: Shingle
Construction: Block
Exterior features: Fence, Storm Security Shutters
Pool: None
Waterfront: Lake Front
View: Lake

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Driveway

HOA, Community & Financials

Annual tax: $9,157
Subdivision: ARCOLA GARDENS
County: Miami-Dade
Days on market: 455
MLS listing ID: A11768578
Listing status: Active

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Interest rate (%)

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Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

$674

Cap rate: 6.9%
Net yield: 6.9%
Cash-on-cash return: 4.3%
Gross yield: 9.9%
Mortgage payment: $3,188/mo
Down payment: $168,125
Loan amount: $504,375
Annual NOI: $46,345

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.