UPDATED:
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 Fees $1,145/mo
HOA Y/N Yes
Annual Recurring Fee 13740.0
Year Built 2004
Property Sub-Type Manufactured Home
Source Stellar MLS
Property Description
Don't miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. 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 sq ft on a 2,625 sq ft leasehold lot
Important Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700.
Income Overview
Current monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one.
Recent Improvements & Features:
Updated interiors with laminate flooring, fresh paint, and upgraded appliances
Bright, spacious units with large windows and functional layouts
Concrete driveway with parking for up to 4 cars
Low-maintenance property thanks to recent renovations and updated systems
Durable aluminum siding exterior construction
Unbeatable Location – University Lakes Community:
Peaceful setting with lakes, parks, playgrounds, and community pools
Family-friendly and walkable neighborhood
Conveniently located near FIU, the Turnpike, Publix, schools, and public transportation
Just minutes from shopping, dining, nightlife, and Miami's vibrant cultural scene
Enjoy the rich lifestyle that Miami and University Lakes have to offer
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 Microwave, Refrigerator
Laundry None
Exterior
Exterior Feature Other
Pool Other
Community Features Clubhouse
Utilities Available Other
Amenities Available Basketball Court, Clubhouse, Playground, Pool, Recreation Facilities, Tennis Court(s)
Roof Type Shingle
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 Frame,Metal Siding
New Construction false
Others
Pets Allowed Yes
HOA Fee Include Pool,Sewer,Trash
Senior Community No
Ownership Leasehold
Monthly Total Fees $1, 145
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6326167
