2/2 Condo for Sale in Homestead

945 NE 33rd Terrace UNIT 202, Homestead, FL 33033

$145,000 After Repair Value -
$139,900 Asking Price -
$0 Cost of Repairs =
$5,100 Potential Profit

Property Details

Asking Price $139,900

After Repair Value $145,000

Costs of Repairs $0

Potential Profit $5,100

Living Area 910 ft2

Property Type Condo

Bedrooms 2

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $15,600

Yearly Expenses $3,969

Property Taxes $3,755

Net Operating Income $7,876

Cap Rate 0.06

Property Description

Great investment opportunity in a prime location in Homestead FL. Shopping, schools, hospital, restaurants, banks, Turnpike, Homestead Speedway and more entertainment within 10 minutes max. Area continues to grow and drives the demand for housing. This condo is located in the quiet, maintained development of Malibu Bay. Amenities include security at the gate, security patrol, beautiful clubhouse with pool, gym, room for social events, playground and pool for children. Maintenance fees include insurance for building exterior. Unit is rented until June 2020 with option to renew. Please do not disturb the tenants. Make appointment with the agent.


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