18870 NW 57th Ave # 105, Hialeah, FL 33015

About This Home

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.

Property Details

Bathrooms Full

2

Bathrooms Half

0

Interior Features

First Floor Entry

Appliances

Dryer, Electric Range, Microwave, Refrigerator, Washer

Flooring

Tile

Heating

Central

Cooling

Central Air

Garage Spaces

0

Parking Features

1 Space, Guest

Building & Association

Building Name

Villa Rustica Condominium

Stories Total

3

Entry Level

1

Association

Yes

Association Fee

$506

Association Fee Frequency

Monthly

Association Amenities

Barbecue, Pool, Spa/Hot Tub, Tennis Court(s)

Security Features

Complex Fenced, Phone Entry, Security Patrol

Lot & Construction

Lot Size Square Feet

0

Waterfront

No

View

Garden View

Construction Materials

Concrete Block With Brick

Exterior Features

Other, Open Balcony, Tennis Court(s)

New Construction

No

Public Records

Parcel Number

30-20-01-039-1530

Tax Annual Amount

$3,745

Tax Year

2,026

County Or Parish

Miami-Dade County

Location