305-609-4190
14500 SW 88th Ave # 247, Palmetto Bay FL 33176
Active Condominium

14500 SW 88th Ave # 247, Palmetto Bay FL 33176

Palmetto Bay, FL, 33176

$325,000

Est. $1,643/mo (20% down)

2
Beds
2
Baths
835
Sq Ft
1969
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (18 photos)

About This Property

Location! Rarely available in the highly desirable Palmetto Bay area, this beautifully remodeled second-floor residence is sure to impress. The unit features ceramic tile flooring throughout, hurricane-impact windows, a 2022 A/C system, LED lighting, and spacious, updated bedrooms and bathrooms. The galley-style kitchen is appointed with granite countertops, stainless steel appliances, and an electric range. Step out onto the oversized private balcony, perfect for relaxing or entertaining. Two assigned parking spaces are included.Enjoy spacious living areas and relax on your private balcony. Community amenities include a clubhouse and pool.. Conveniently located just steps from Publix and minutes from shopping, dining, parks, and top-rated schools. Investor-friendly—leasing is permitted during the first year of ownership. This exceptional opportunity won't last long!. Eligible for financing with as little as 5% down. No rental restrictions. Association approval required.

Property Details

MLS #

A12045013

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

1969

Stories

2

Pool

No

Waterfront

No

Price / Sq Ft

$389

HOA Fee

$692/mo

Est. Insurance

$108/mo

Tax Year

2025

Tax Amount

$1,778

Garage

—

Lot Size

—

MLS Area

Villagio At Palmetto Bay

Subdivision

VILLAGIO AT PALMETTO BAY

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$2,275
Est. Monthly Rent
-4.3%
Cap Rate
-21.4%
Cash-on-Cash
$-13,885
Net Operating Income

ROI Projections (4% Annual Appreciation)

2%
5-Year ROI
Value: $395,412
27%
10-Year ROI
Value: $481,079
80%
15-Year ROI
Value: $585,307

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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