Fully stabilized & Cash-Flowing: 100% occupied bungalow village community. Turn-key & Renovated: Quaint, convenient, and well-maintained for a hassle-free investment. Expansion Potential: A perfect example of what can be achieved on the adjacent parcel just steps to the west. Traditional Tenant Mix: Annual and month-to-month, ensuring consistent cash flow. Short-term rental model could increase cash-flow potential even further. Self-Contained Community: Features private gated access & central courtyard for tenants to BBQ and enjoy the landscaped grounds.
Introducing a highly unique 2-acre Opportunity Zone portfolio in the El Portal neighborhood between Miami Shores and Little River. Parcel #1 at 529 NW 88 ST contains a cash-flowing, turn-key bungalow community of 12 units spread across 7 separate buildings and is 100% occupied. Private gate access, landscaped grounds, and central courtyard w/ BBQ area for tenants to enjoy. Parcel #2 at 585 NW 88 ST can essentially be seen as land where you can duplicate a similar duplex community of at least 8 units at relatively low-cost. There is a vacant single-family home currently on that lot which can be renovated and leased in the interim.
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El Portal is located in Florida. El Portal, Florida has a population of 2,329. El Portal is less family-centric than the surrounding county with 23.28% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in El Portal, Florida is $62,344. The median household income for the surrounding county is $46,338 compared to the national median of $57,652. The median age of people living in El Portal is 44.4 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 58.6 degrees. The average rainfall is approximately 60.9 inches per year, with 0 inches of snow per year.
