Estimated payment $2,196/month
Highlights
- Attached Guest House
- Community Lake
- Community Pool
- Zora Neale Hurston Elementary School Rated 9+
- Clubhouse
- Tennis Courts
About This Home
Residential Income Opportunity – Multifamily Mobile Home in University Lakes, Miami, FL Don’t miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. This property offers a unique and profitable investment with four separate rental units: Two units with 2 bedrooms and 1 bathroom each Two units with 1 bedroom and 1 bathroom each Total living area: 1,456 sq ft on a 2,625 sq ft leasehold lot Important Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700. Income Overview
Current monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one. Recent Improvements & Features: Updated interiors with laminate flooring, fresh paint, and upgraded appliances Bright, spacious units with large windows and functional layouts Concrete driveway with parking for up to 4 cars Low-maintenance property thanks to recent renovations and updated systems Durable aluminum siding exterior construction Unbeatable Location – University Lakes Community: Peaceful setting with lakes, parks, playgrounds, and community pools Family-friendly and walkable neighborhood Conveniently located near FIU, the Turnpike, Publix, schools, and public transportation Just minutes from shopping, dining, nightlife, and Miami’s vibrant cultural scene Enjoy the rich lifestyle that Miami and University Lakes have to offer This is a rare opportunity to own a cash-flowing, multi-unit mobile home property in a high-demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market. Schedule your showing today and secure your next income-generating asset!
Listing Agent
REALTY ONE GROUP EVOLUTION Brokerage Phone: 786-477-4715 License #3283851 Listed on: 07/11/2025
Property Details
Home Type
- Manufactured Home
Year Built
- Built in 2004
Lot Details
- 2,625 Sq Ft Lot
- Southwest Facing Home
HOA Fees
- $1,145 Monthly HOA Fees
Home Design
- Steel Frame
- Shingle Roof
- Metal Siding
Interior Spaces
- 1,456 Sq Ft Home
- 1-Story Property
- Living Room
- Laminate Flooring
- Microwave
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Additional Features
- Attached Guest House
- Manufactured Home
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 30-4911-000-0010
Community Details
Overview
- Association fees include pool, sewer, trash
- Hometown America Communities Association, Phone Number (305) 226-4251
- University Lakes Condos
- 11 54 39 152.93 Ac M/L Ne1/4 Of Sec Including Tr 2 Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Basketball Court
- Recreation Facilities
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $614,716 | $35,557,931 | -- | -- |
| 2024 | $589,926 | $32,325,392 | -- | -- |
| 2023 | $589,926 | $29,386,720 | $0 | $0 |
| 2022 | $455,315 | $26,715,200 | $20,379,210 | $6,335,990 |
| 2021 | $444,309 | $24,364,854 | $0 | $0 |
| 2020 | $431,458 | $25,875,000 | $20,379,210 | $5,495,790 |
| 2019 | $449,717 | $25,400,000 | $20,379,210 | $5,020,790 |
| 2018 | $439,375 | $25,449,765 | $16,306,960 | $9,142,805 |
| 2017 | $405,130 | $23,136,150 | $0 | $0 |
| 2016 | $412,038 | $23,029,050 | $0 | $0 |
| 2015 | $423,138 | $23,176,000 | $0 | $0 |
| 2014 | $434,832 | $23,310,379 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2025 11/22/25 | Price Changed | $168,000 | -22.9% | $115 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $218,000 | -- | $150 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,800,000 | -- | |
| Deed | $100 | -- |
Source: Stellar MLS
MLS Number: O6326167
APN: 30-4911-000-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
- 13190 SW 10th Terrace
- 13187 SW 9th Ln
- 13208 SW 10th Ln
- 13224 SW 10th Terrace
- 1207 SW 131st Place Cir W
- 13246 SW 9th Terrace
- 870 SW 129th Place Unit 209
- 12850 SW 14th St
- 12841 SW 12th Terrace
- 13137 SW 15th Ln
- 1232 SW 132nd Ct
- 13415 SW 12th Terrace
- 1725 SW 131st Place Cir S
- 1703 SW 131st Place Cir S
- 13241 SW 17th Ln Unit 23-4
- 13251 SW 17th Ln Unit 22-1
- 1330 SW 135th Ct
- 13261 SW 17th Ln Unit 26-5
- 1194 SW 135th Place
- 1458 SW 127th Ct
- 13198 SW 10th Terrace Dr
- 13101 SW 14th St Unit 1
- 13224 SW 10th Terrace
- 930 SW 129th Place Unit 401
- 13261 SW 17th Ln Unit 26-5
- 13017 SW 18th Terrace
- 1907 SW 131st Pl Ct
- 425 SW 129th Ave
- 1301 SW 124th Ct Unit 20A
- 1281 SW 124th Ct Unit 21G
- 13861 SW 9th Terrace
- 80 NW 129th Ave
- 1417 SW 139th Ave
- 12375 SW 18th St
- 12890 NW 2nd St
- 250 NW 129th Ave
- 365 NW 132nd Ave
- 1981 SW 139th Ct
- 12193 SW 10th St
- 12239 SW 14th Ln Unit 3212