6880 166th Ter, 1001, Miami Lakes, FL 33014

$269,900

This is an amazing first-floor unit at Fountain Park Village Homes, it is in an exclusive small community area

Beds

1

Baths

1

Square Feet

700

Property Type

Condo

Year Built

1992

HOA Fee

$447 / mo

Annual Taxes

$3,038

MLS ID

A12105993

About This Property

This is an amazing first-floor unit at Fountain Park Village Homes, it is in an exclusive small community area. It's a definite most in-demand first floor corner position, great for rental purposes. The unit has been remodeled only needing a touch up in the bathroom..... BRAND NEW Water Heater AND BRAND NEW Air Conditioning Unit......The HOA is $447.00 monthly. The community has been fully updated and the outstanding special assessment shall be paid in full by the seller at closing. The association maintains healthy reserves......Turnkey Investment Opportunity: This property features a strong Cap Rate based on current stable tenancy... Perfect for a 1031 exchange or passive investor looking for immediate cash flow...... The current tenant has been a long term tenant and is excellent, their lease expires July 31st......... Financing is limited to cash or conventional. The unit comes with one assigned parking space , right in front of the unit and there is a guest parking available right in front of the unit also. The community amenities includes a gated pool. The location is amazing with your own small patio at the rear and the pool located right behind yet with shrubs for privacy. The property is well managed, helping ensure owners avoid unexpected additional costs. NOTE: Tenant occupied and must have 24 hour notice for showing with appointment. AS IS Condition.

Features

• —First Floor Entry

Location