3581 117th Ave #5-206
Miami, FL 33175
Listing courtesy of BHHS EWM Realty (A. Alina Gonzalez). Contact: [email protected].
LOWEST PRICED CONDO & SELLER HIGHLY MOTIVATED. Attention investors! Excellent income-producing opportunity with 6% CAP RATE featuring a 2/1 condo in a highly desirable location near FIU, Kendall Regional Hospital, & Turnpike. Conveniently located near Bird Road & 117th Ave, this unit offers strong rental appeal & immediate cash flow potential. Unit is currently rented for $1,800/month until 3/31/27 with a reliable long-term tenant in place. The gated community features security, pool, laundry facilities, guest parking & 1 assigned parking space. Residents enjoy easy access to supermarkets, hardware stores, medical centers, banks & many restaurants nearby. New roofs are being installed & buildings are being painted. Seller will pay current assessment at closing. 24-hour notice required for showings. Showings available Monday–Friday from 5:30 PM to 7:00 PM only.“Financing available by seller’s preferred lender, who previously has closed units at Westbird, subject to client’s approval.”
- Principal and interest
- $1,163
- Property tax
- $291
- Homeowners insurance
- $142
- HOA
- $339
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.