13255 SW 88 LN 406-CS, Kendall, FL 33186 — MLS photo

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13255 SW 88 LN 406-CS, Kendall, FL 33186

Active · Condominium

$300,000

13255 SW 88 LN 406-CS, Kendall, FL 33186

Beds
2
Baths
2
Living area
939 sq ft
$ / sq ft
$319/sq ft
Year built
1985
Lot size
—
HOA fee
$540 Monthly
Annual tax
$4,399

About this property

Excellent investment opportunity in the heart of Kendall! This 2-bedroom, 2-bath condo offers great potential for investors seeking immediate rental income and long-term appreciation. The unit is currently tenant occupied, making it an ideal turnkey investment property. Conveniently located near major highways, shopping centers, restaurants, schools, parks, and public transportation. Functional layout with spacious living and dining areas, abundant natural light, and a private balcony. The property is in original condition and presents an excellent opportunity for a new owner to renovate, update, or maintain as an income-producing asset. Community offers a convenient lifestyle in a well-established residential area. Low maintenance and strong rental demand make this a solid addition to any investment portfolio. Please do not disturb tenants. Showings by appointment only.

Property location

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13255 SW 88 LN 406-CS, Kendall, FL 33186

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
939 sq ft
Flooring
Carpet, Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Breakfast Area, Eat In Kitchen, Living Dining Room, Shower Only

Exterior & Structure

Property type
Condominium
Year built
1985
Stories
5
Construction
Block
Exterior features
Balcony
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
One Space

HOA, Community & Financials

Association fee
$540 Monthly
Fee inclusions
Amenities
Amenities
Clubhouse, Elevators
Security
Complex Fenced
Pets allowed
Size Limit, Yes
Annual tax
$4,399
Subdivision
Calusa Village
County
Miami-Dade
Days on market
4
MLS listing ID
A12020585
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$240

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.4%
Gross yield
10.1%
Mortgage payment
$1,422/mo
Down payment
$75,000
Loan amount
$225,000
Annual NOI
$14,183

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