Active · Condominium
$190,729
8850 Fontainebleau Blvd 203, Miami, FL 33172
- Beds
- 2
- Baths
- 2
- Living area
- 968 sq ft
- $ / sq ft
- $197/sq ft
- Year built
- 1971
- Lot size
- —
- HOA fee
- $306 Monthly
- Annual tax
- $0
About this property
*United States Bankruptcy court ordered sale*. 15 Day Closing and Cash offers only, Subject to Court Approval. “Part of a 70 Unit Rental Portfolio that can be purchased together or by group/loan pool". List price is from 2026 Market Value from Miami Dade County Property Appraiser records. Welcome to 8850 Fontainebleau Blvd #203 at San Marco and this 2bed 1.5 bath condo w/ granite countertops, updated vanities and kitchen w/ stainless steel appliances, porcelain tile floors. This property must be purchased with 10900 Northwest 7th Street Unit 101 (Dade County MKT Value $292,724) & 13125 Southwest 64th Terrace Unit 1103 (Dade County MKT Value $252,351). All 70 properties are professionally managed by a 3rd party property management company that you can keep for turkey operation.
Interior & exterior features
Appliances
- Electric Water Heater
- Refrigerator
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Views
- Garden
Parking
- Assigned
- Guest
Interior features
- Built In Features
- Bedroom On Main Level
- Living Dining Room
- Main Living Area Entry Level
- Tub Shower
Exterior features
- Balcony
Flooring
- Tile
construction
- CBSConcrete Block Structure
- Block
security
- Complex Fenced
association_amenities
- Other
association_fee_includes
- Amenities
- Common Areas
- Maintenance Grounds
- Maintenance Structure
- Other
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
$719
- Cap rate
- 10.2%
- Net yield
- 10.2%
- Cash-on-cash return
- 16.2%
- Gross yield
- 14.3%
- Mortgage payment
- $904/mo
- Down payment
- $47,682
- Loan amount
- $143,047
- Annual NOI
- $19,477
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.