Single Family Home TRAIL GRANADA ADDN

$ 1,085,000
  • 5 bed
  • 4 bath
  • 6,272 ft2 (583 m2)
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Details
    • Listed on:
      November 13, 2025
    • Days on Market:
      57
    • Maintenance:
      n/a
    • Taxes:
      $ 2,282 per year
    • Year:
      1951
    • Furniture:
      Unfurnished
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Closet Cabinetry
    • Separate Guest/In-Law Quarters
    • Storage
    • Utility Room/Laundry
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Prime Income Property – Investor Opportunity | Coral Gables Area

Excellent income-producing investment in the Coral Gables area. This fully rented, stabilized property features 5 bedrooms and 4 bathrooms, delivering immediate cash flow in a high-demand rental market.

The property consists of a renovated main house (3 Bed / 2 Bath) rented at $3,650/month, plus two independent efficiencies, each rented at $1,700/month, both with private entrances and in-unit laundry.

Total Monthly Income: $7,050 | Annual Income: $84,600

The main residence has been fully renovated with modern finishes, new flooring, updated electrical and plumbing, new roof, and impact windows and doors. The efficiencies are well laid out, low maintenance, and highly desirable for tenants.

Situated on a corner lot with ample parking, boat space, storage, and hookups for an additional laundry. The backyard offers space for a pool, and pool construction plans are included, providing a value-add opportunity to increase future rents and overall asset value.

No HOA. Strong rental demand. Long-term appreciation potential.
Ideal for investors seeking a turnkey, cash-flowing asset with upside.

AS-IS sale with right to inspect. Tenants in place — do not disturb.
Map view