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About this home
Investor’s dream! Income-producing property with a tenant in place through February 2027—start earning from day one with stable, reliable cash flow. This spacious 3-bedroom, 2-bath condo features a large family room and pleasant views, located in the highly desirable gated community of Villas at Carmel at Malibu Bay. Residents enjoy great amenities including a clubhouse, resort-style pool, fitness center, and playground. Conveniently located near shopping, schools, Baptist Hospital, and major highways, offering strong and consistent rental demand. Don’t miss this opportunity to add a solid income-producing asset to your portfolio.
Features
- First Floor Entry
- Pantry
- Walk-In Closet(s)
- Garden View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,365
- HOA
- $468 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.