Condo in Miami for sale with MLS# A12060854
Cash machine with long term rental+appreciation growth prospectsHigh demand/rental area due to proximity to Brickell & Downtown Continuously rented to the same long term tenant (over 10 years) Current rent $2000.00 (8.6% net and growing yearly)Unit recently remodeled with new AC and appliances, porcelain flooring and modern outlook.Minimal involvment required, building is well managed by current BOD & an offsite manager.40 year certification was completed in 2024 (next one due in 2034). New roof, exterior lighting, asphalt, cameras and gate. One reserved parking with this unit.Also available unit#2(2/1 next door) unit#11(2/1 2nd floor) & unit#9(1/1, 2nd floor)All units rented to long term tenants with no lapse in rental history.
The street address for this listing (MLS-A12060854) is private
- Price:
- $199,999.00
- Original List Price:
- $199,999.00
- List Price per Sq Ft (Calculated, Approx.):
- $307.69
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 27, 2026 4:00 am
- Bedrooms:
- 2
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Master Bdrm - Ground
- Living Area:
- 650 Sqft
- Built-Up Area:
- 650 Sqft
- View from the Property:
- Other
- Waterfront:
- No
- Security:
- Security Fence
- Appliances:
- Refrigerator
- Exterior:
- Lighting, None
- Air Conditioning
- Air Conditioning System:
- Central Air
- Year Built:
- 1972
- Levels:
- Two
- Entry Level (floor):
- 2
- Construction Materials:
- Other
- Flooring:
- Other
- Number of stories:
- 2
- Number of Units in the Community or Building:
- 12
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $2,344.00
- Tax Year:
- 2025
- Association Fee:
- $373.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Homeowner Association, Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Laundry, Parking
- Subdivision Name:
- SEGOVIA GARDENS CONDO
- Association Fee Includes:
- Maintenance Grounds, Water, Trash
- Senior Community:
- No
- Restrictions:
- Other Restrictions, No Restrictions
- Minimum Days per Lease:
- 365
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Okay To Lease During First Year
- Listing Terms Considered by Seller:
- Conventional, Other
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- SEGOVIA GARDENS CONDO UNIT 1 UNDIV 8.50% INT IN COMMON ELEMENTS OFF REC 10948-2094 OR 19257-3485 0800 1 COC 23868-4139 09 2005 1
- Elementary School:
- Deer Park Elem-hb
- High School:
- Miami Jackson
- Middle Or Junior School:
- Brownsville
- Active on the market since:
- July 27, 2026
- Listing Agreement executed on:
- July 27, 2026
- Listing Status Last Changed On:
- July 27, 2026 4:00 am
- Photos updated on:
- July 30, 2026 9:03 pm
- Last Modified:
- July 30, 2026 9:04 pm
- Courtesy of:
- Florida Realty of Miami Corp
- Attribution:
- Not provided
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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