1191 SW 131 PL new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33184
Key Details
Property Type Manufactured Home
Sub Type Manufactured Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $149
Subdivision 11 54 39 152.93 Ac M/L Ne1/4 Of Sec Including Tr 2
MLS Listing ID O6326167
Bedrooms 6
Full Baths 4
Year Built 2004
Property Sub-Type Manufactured Home
New Construction false
Property Description
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 Homes community. Built in 2004, 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 sqft on a 2,625 leasehold lot
The land is not owned it is leased from the community's HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700.
Income Overview:
Current monthly rent across all four units totals approximately $6,000, with an estimated net income of $4,300/month, offering strong and consistent cash flow from day one.
Recent Improvements & Features:
Updated interiors with modern flooring, fresh paint, and upgraded appliances
Bright, spacious units with large windows and functional layouts
Concrete driveway with space for 4 cars and a boat
Low-maintenance property thanks to renovations and updated systems
Aluminum siding exterior construction
Unbeatable Location – University Lakes Community:
Peaceful setting with lakes, parks, playgrounds, and community pools
Family-friendly and walkable neighborhood
Near FIU, the Turnpike, Publix, schools, and public transportation
Just minutes from shopping, dining, nightlife, and Miami's vibrant cultural scene
The rich lifestyle of Miami and University Lakes offers something for everyone
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!
Location
State FL
County Miami-dade
Community 11 54 39 152.93 Ac M/L Ne1/4 Of Sec Including Tr 2
Area 99999 - Unknown
Zoning 8900
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Laminate
Laundry Inside
Exterior
Exterior Feature Other
Pool Other
Utilities Available Other
Amenities Available Basketball Court,Clubhouse,Playground,Pool,Recreation Facilities,Tennis Court(s)
Roof Type Metal
Building
Story 1
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Metal Siding
New Construction false
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6326167