18870 NW 57th Ave #105

Listing details

Address

18870 NW 57th Ave 105

Price

$279,900

Status

Active for sale

Bedrooms

2

Bathrooms

2

Living area

1,106 sq ft

Year built

1994

Association fee

$506/month

Days on market

6

Listing courtesy of Florida Capital Realty. Rick@FloridaCapitalRealty.com

Listing information provided by the MLS. Details and availability can change.

Listing description

Discover this spacious 2-bedroom, 2-bathroom condo offering 1,106 sq. ft. of comfortable living in the gated Villa Rustica community. Whether you're searching for your future home or a smart investment opportunity, this property offers exceptional versatility and value. The unit is well-maintained and currently leased at $2,535 per month through August 31, 2027, providing immediate rental income with a reliable tenant who has maintained a consistent payment history for over two years. For investors, the property offers an attractive estimated 6.25% in-place cap rate, with potential to reach approximately 7% at market rent. Future homeowners can secure a property today with the opportunity to move in upon lease expiration, subject to the lease terms. Villa Rustica offers a variety of amenities, including a resort-style pool, spa, clubhouse, tennis court, beautifully landscaped courtyards, and a newly installed gated entrance with call box. The community has completed structural facade repairs, with roof and electrical certifications progressing and exterior painting scheduled. Conveniently located in northwest Miami-Dade, just minutes from the Palmetto Expressway, I-75, and Florida's Turnpike. A great opportunity to own in an established gated community, whether you're planning for your future or expanding your investment portfolio. Financial information, rental history, and additional property details are available upon request.

How this listing compares

Listed at $253 per square foot.

Listing history

• 6 days on market.

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