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1
Bedrooms
1
Bathrooms
614 sqft
Interior
1974
Year built
$209 / mo
HOA
Condominium
Type
About this home
INVESTOR OPPORTUNITY! Highly motivated seller with preference for cash offers. Offered at $195,000.00, this well maintained 1 bedroom, 1 bathroom, 614 SF second-floor unit in South Winds Condo West offers an attractive combination of location, low carrying costs, and rental potential. The unit features a remodeled kitchen, restored bathroom, in unit washer and dryer, full appliance package, and a comfortable, modern, minimalist feel. Monthly association fee is only $210 and annual property taxes are under $3,000.00 Estimated potential rent is approximately $2,000.00 per month, making this property particularly attractive for investors seeking a conveniently located rental property. The community offers gated access, swimming pool, BBQ area, green spaces, one assigned parking space plus guest parking, with additional parking options available. Conveniently located near FIU, Dolphin Mall, shopping, grocery stores, restaurants, gyms, schools, and major highways. The property is currently vacant, available for immediate occupancy, and easy to show. Seller is highly motivated. Bring your cash offers!
Features
- Second Floor Entry
- None
- Barbeque
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $1,950–$3,495.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.