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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,384 sqft
Price per Sqft $377
Subdivision Balmoral Sub Phase I
MLS Listing ID A12058907
Style Two Story
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Fees $227/mo
HOA Y/N Yes
Year Built 2005
Annual Tax Amount $10,635
Tax Year 2025
Lot Size 3,600 Sqft
Property Sub-Type Single Family Residence
Property Description
Motivated Seller! Excellent investment opportunity in the desirable gated community of Balmoral Estates in Doral! This beautifully updated, income-producing single-family home is currently generating $4,800 monthly in rental income ($57,600 annually), with an existing lease through October 2027. Enjoy an established rental income stream from day one!
This spacious residence features 5 bedrooms, 3.5 bathrooms, plus a versatile additional room ideal for a home office, media room, gym, playroom, or potential sixth bedroom.
Recent improvements include new flooring, fresh interior paint, a remodeled kitchen and bathrooms, and A/C upgrades featuring a new compressor and insulation. Two elegant impact-resistant French doors open to the backyard, creating an inviting space for outdoor enjoyment.
Located within a gated community with low HOA fees, this property offers a prime Doral location near Miami International Airport, Dolphin Mall, CityPlace Doral, shopping, dining, parks, schools, and major highways. Florida's Turnpike is approximately one mile away, providing convenient access throughout South Florida.
An outstanding opportunity to acquire an established income-producing property in one of Miami-Dade County's most desirable residential markets.
Property is tenant-occupied. Showings by appointment only. Existing lease to be honored by purchaser.
Location
State FL
County Miami-dade
Community Balmoral Sub Phase I
Area 30
Zoning 0102
Interior
Interior Features Bathtub, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Garden Tub/Roman Tub, Pantry, Upper Level Primary, Walk-In Closet(s), Central Vacuum
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Laminate
Fireplace Yes
Appliance Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Fence, Lighting, Storm/Security Shutters
Garage Spaces 2.0
Pool None, Community
Community Features Clubhouse, Home Owners Association, Maintained Community, Pool
View Y/N No
View None
Roof Type Spanish Tile
Garage Yes
Private Pool Yes
Building
Lot Description Rectangular Lot
Faces South
Story 2
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Structure Type Block
Schools
Elementary Schools Thomas; Eugenia
High Schools Ronald W. Reagan
Others
Senior Community No
Restrictions Association Approval Required,OK To Lease,See Remarks
Tax ID 35-30-19-008-0250
Security Features Smoke Detector(s),Security Guard
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12058907
Nearby Locations
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Milton Knight
Principal Real Estate Broker License ID: 0663675
Principal Real Estate Broker License ID: 0663675