Address Withheld By Seller, Miami, FL 33184
Local realty services provided by:ERA Grizzard Real Estate
Listed by: johanna guerrero
Office: realty one group evolution
MLS#:O6326167
Source:MFRMLS
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Price summary
- Price:$218,000
- Price per sq. ft.:$149.73
- Monthly HOA dues:$1,145
About this home
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!
Contact an agent
Home facts
- Year built:2004
- Listing ID #:O6326167
- Added:130 day(s) ago
- Updated:November 19, 2025 at 12:51 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:1,456 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:2004
- Building area:1,456 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$218,000
- Price per sq. ft.:$149.73
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