Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Metal Siding

  • Other Exterior Features

    Other

  • Pool

    Yes

  • Pool Features

    Other

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Manufactured Home

Price

  • Sales Price

    $218,000

  • Sq. Footage

    1, 456

  • Price/SqFt

    $149

HOA

  • Association

    Yes

  • Association Fee

    $1,145

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Association Amenities

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

  • Foundation Details

    Other

  • Ownership

    Leasehold

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

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Listing Courtesy of Johanna Guerrero , REALTY ONE GROUP EVOLUTION

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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 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!

1191 SW 131 PLACE

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