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    20505 25 Ct Miami Gardens, FL 33056

    For Sale
    $659,000

    High-Yield, Remodeled Multifamily

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional multifamily property, located at 20505 NW 25th Ct in Miami Gardens, Florida, presents a compelling investment opportunity. Built in 1970 and recently completely remodeled, this property is currently leased to an Assisted Living Facility (ALF) generating a substantial monthly income of $4,300. The asking price is $659,000, offering a strong return on investment. Situated in Miami-Dade County, zip code 33056, the property's prime location within Miami Gardens provides convenient access to local amenities and transportation networks. The comprehensive renovation ensures the property is in excellent condition, minimizing future maintenance costs and maximizing rental income. This turnkey investment is ideal for those seeking a stable, high-yielding asset in a thriving Florida market. The property's current lease agreement with the ALF provides a reliable stream of income, reducing the risk associated with vacancy. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. The property's strong financial performance and recent renovations make it an attractive proposition for discerning investors seeking a secure and profitable investment. Detailed financial information is available upon request. Don't miss this chance to secure a valuable asset in the dynamic Miami Gardens real estate market.

    Property Features for 20505 25 Ct

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1970

    HighLights

    • $659,000 asking price.
    • Multifamily property.
    • Built in 1970.
    • Located at 20505 NW 25th Ct, Miami Gardens, FL 33056.
    • Completely remodeled.
    • Currently leased to an ALF for $4,300/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Gardens
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2442262
    Latitude
    25.9631345

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    FAQs

    What type of property is this?
    Multifamily property - High-Yield, Remodeled Multifamily
    Where is this multifamily property located?
    The property is located at 20505 25 Ct Miami Gardens, FL.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: $659,000 asking price.; Multifamily property.; Built in 1970.
    Request Owner's contact information
    20505 25 Ct Miami Gardens, FL 33056
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    Miami Gardens, FL 33056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20505 25 Ct Miami Gardens, FL 33056
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