Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 777 sq ft
- Flooring
- Tile
- Appliances
- Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Second Floor Entry
Active · Condominium
$281,999
8701 SW 141st St L5, Palmetto Bay, FL 33176
- Beds
- 2
- Baths
- 2
- Living area
- 777 sq ft
- $ / sq ft
- $363/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- $560 Monthly
- Annual tax
- $0
About this property
Discover the charm of Palmetto Bay with this bright and spacious 2-bedroom, 2-bath condo. Located just steps from The Falls, this well-maintained residence offers an open-concept layout filled with natural light, a private balcony, walk-in closet, assigned parking, and access to community amenities including a pool and clubhouse. New A/C and impact windows. Near top-rated schools, parks, dining, shopping, and major access routes, this investor-friendly opportunity.
Property location
Get Directions8701 SW 141st St L5, Palmetto Bay, FL 33176
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
- Stories
- 2
- Architectural style
- Garden Apartment
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony, Security High Impact Doors
- View
- Garden
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $560 Monthly
- Fee inclusions
- Common Areas, Maintenance Structure, Parking, Water
- Amenities
- None
- Security
- Other
- Pets allowed
- Size Limit, Yes
- Annual tax
- $0
- Subdivision
- CASA GRANADA CONDO
- County
- Miami-Dade
- Days on market
- 110
- MLS listing ID
- A12024001
- Listing status
- Active
Virtual tour
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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
-$105
- Cap rate
- 5.2%
- Net yield
- 5.2%
- Cash-on-cash return
- -1.6%
- Gross yield
- 9.3%
- Mortgage payment
- $1,337/mo
- Down payment
- $70,500
- Loan amount
- $211,499
- Annual NOI
- $14,785
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.