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Looking For An Investment Property In Coral Gables?

October 30th, 2013 Written By

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The home at 560 Reinante Avenue in the gated community of Old Cutler Bay came on the market this week for a list price of $2,200,000.  The home is tenant occupied until August of 2014, and the monthly rental income is $7,700 per month.  The new owner will assume the current lease that is in place.   With values on the rise, this would be a great opportunity for someone who wasn’t ready to move but wanted to lock in a home at the current prices.

The home offers 4,613 square feet of living space on a 16,684 square foot lot with 5 bedrooms, 5.5 baths.  Listed by Shelton and Stewart.  View more photos and information here.

If you are interested in working with a Coral Gables Realtor who knows the numbers and tracks the market, please contact me at 305-342-1623 or send me a message here.

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