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12877 SW 17 Terrace, Miami, FL 33175
$212,000
12877 SW 17 Terrace, Miami, FL 33175View this property at 12877 SW 17 Terrace, Miami, FL 33175
12877 SW 17 TerraceMiamiFL33175
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Property Description
Mobile home with huge potential return on investment and strong cash flow from day 1. Paying $1,090 monthly to rent the land space and producing $6,000-$7,000 in potential GCI when fully rented, this 4 unit property gives a potential Cap Rate of 20%-25%! Units: 2/1 currently renting for $2,400, Large 1/1 currently renting for $1,600, Smaller 1/1 currently renting for $1,300, and other large 1/1: is currently owner occupied and will rent anywhere from $1,500-$1,600. Retail condition and 100% fully functional with 2 Separate and enclosed laundry units, a storage unit, spacious patio on each side, new fence, new A/C, and outdoor countertop for barbecuing. Well divided and spacious property gives a modern and private feel to each tenant.
Full Property Details
Full Property Details for 12877 SW 17th Terrace
General
- Sold For: $212,000
- HOA FEE: $1,070/month
- Taxes: (2024)
- Status: Closed
- Type: Mobile Home
- MLS ID: A11508980
- Added to Site: 121 day(s) ago
Interior
- Interior Features: First Floor Entry, No Additional Rooms
- Appliances: Dryer, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
Other Rooms
- Living Room: No Additional Rooms Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Dining/Living Room, Eat-In Kitchen
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Pool: Yes
Exterior
- Deck/Patio: Patio
Parking
- Parking Features: Driveway
Location
- Area: University Lakes
- County: Miami-Dade County
- Subdivision: University Lakes
- Building Name: University Lakes
- Direction Faces: West
School Information
- Elementary School: Hall; Joe
- Middle School: Thomas; W.R.
- High School: Braddock G. Holmes
Community
- Community Name: University Lakes
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story, Manufactured
- Structure Type: Mobile/Manufactured Home, Mobile, Manufactured/Mobile Home
- Detached/Attached: Detached
- Construction: Manufactured/Mobile Home
- Roof: Manufactured/Mobile Home
- Year Built: 1971
Lot Features
- Property View: None
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 8900
- Fencing (Description): Fenced
Financial Considerations
- Association Fee: $1,070
- Assoc Fee Freq.: Monthly
- Tax Year: 2024
- Terms: All Cash, Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: 11 54 39 152.39
- Restrictions: Assoc Approval Required
- Property ID: 30-49-11-000-0017
Listed by EXP Realty, LLC
Sold by Sky Realty Invest. & Mngmt
Get Pre-Approved Today
Schools
Schools serving 12877 SW 17th Terrace
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
13137 Sw 26th St, Miami, FL 33175 | PK-5 | 0.4 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 16.3 mi | |
13001 Sw 26th St, Miami, FL 33175 | 6-8 | 0.4 mi | |
3601 Sw 147th Ave, Miami, FL 33185 | 9-12 | 2.1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 10.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12877 SW 17th Terrace
Date
Details
Price
Change
Source
1/31/2024
Sold
$212,000
6%
MLS
1/05/2024
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12877 SW 17 Terrace, Miami, FL 33175 (MLS# A11508980) is a Mobile Home property that was sold at $212,000 on January 31, 2024. Want to learn more about 12877 SW 17 Terrace? Do you have questions about finding other Mobile Home real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.