Miami, FL 33184,1191 SW 131 PL
Miami, FL 33184,1191 SW 131 PL
Miami, FL 33184,1191 SW 131 PL
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$218,000
Est. payment /mo
6 Beds
4 Baths
1,456 SqFt
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Key Details

Property Type Manufactured Home

Sub Type Manufactured Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $149

Subdivision 11 54 39 152.93 Ac M/L Ne1/4 Of Sec Including Tr 2

MLS Listing ID O6326167

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 2004

Property Sub-Type Manufactured Home

Source Stellar MLS

Property 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!

Location

State FL

County Miami-dade

Community 11 54 39 152.93 Ac M/L Ne1/4 Of Sec Including Tr 2

Area 99999 - Unknown

Zoning 8900

Interior

Interior Features Ninguno

Heating None

Cooling Wall/Window Unit(s)

Flooring Laminate

Furnishings Unfurnished

Fireplace false

Appliance Refrigerator

Laundry Inside

Exterior

Exterior Feature Other

Pool Other

Utilities Available Other

Amenities Available Basketball Court, Clubhouse, Playground, Pool, Recreation Facilities, Tennis Court(s)

Roof Type Metal

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Other

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Structure Type Metal Siding

New Construction false

Others

Pets Allowed Yes

HOA Fee Include Pool,Sewer,Trash,Water

Senior Community No

Ownership Leasehold

Acceptable Financing Cash

Membership Fee Required Required

Listing Terms Cash

Special Listing Condition None


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Stellar MLS
Listed by REALTY ONE GROUP EVOLUTION

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agent

Benjamin Stuart

+1(407) 923-1715

Realtor | License ID: SL3544365

Realtor License ID: SL3544365

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1191 SW 131 PL