Apt 204, 1075 93rd Street

Miami - United States of America

Properties > Apt 204, 1075 93rd Street
4 years
Entire Property

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This beautiful, 1 bedroom - 1 bathroom apartment, located on the 2nd floor, offers an ample 79.9m2 of living space and is perfect for families as it is located just walking distance from one of the best schools in South Florida.

Originally constructed in 1967, the whole building has recently been renovated and repainted. In addition, the apartment has just had its kitchen and bathrooms renovated and a brand new A/C unit and kitchen appliances installed.

The master bedroom contains a large walk in closet & ensuite bathroom while a private storage room is also built into the apartment. The solid wood flooring and wooden accents add to this apartment's charm. Building amenities include a laundry room and an outdoor pool.

Selling points

Excellent Condition

This property has undergone a detailed inspection and has recently been refurbished. This, in addition to a built-in reserve for pre-sale renovations, positions the property for capital gains on exit of the investment.

Solid Lease

The property is currently vacant and the area enjoys strong rental demand from families and professionals. It is expected a new Section 8 tenant will provide a long-term lease agreement. 

Investment Timeline
  • Funding started
    18th Dec. 2022
  • Funding complete
    25th Dec. 2022
  • Rental starts
    1st Jan. 2023
  • Returns start
    1st Feb. 2023
  • Year 1 returns
    1st Feb. 2024
  • Year 2 returns
    1st Feb. 2025
  • Year 3 returns
    1st Feb. 2026
  • Year 4 returns
    1st Feb. 2027
  • Property sold

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