Property
Beds
6
Full Baths
4
1/2 Baths
None
Year Built
2004
Sq.Footage
1,456
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!
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
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Johanna Guerrero , REALTY ONE GROUP EVOLUTION
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