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Residential Income Opportunity - Multifamily Mobile Home in University Lakes, Miami, FL Don't miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. This property offers a unique and profitable investment with four separate rental units: Two units with 2 bedrooms and 1 bathroom each Two units with 1 bedroom and 1 bathroom each Total living area: 1,456 sq ft on a 2,625 sq ft leasehold lot Important Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700. Income Overview Current monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one. Recent Improvements & Features: Updated interiors with laminate flooring, fresh paint, and upgraded appliances Bright, spacious units with large windows and functional layouts Concrete driveway with parking for up to 4 cars Low-maintenance property thanks to recent renovations and updated systems Durable aluminum siding exterior construction Unbeatable Location - University Lakes Community: Peaceful setting with lakes, parks, playgrounds, and community pools Family-friendly and walkable neighborhood Conveniently located near FIU, the Turnpike, Publix, schools, and public transportation Just minutes from shopping, dining, nightlife, and Miami's vibrant cultural scene Enjoy the rich lifestyle that Miami and University Lakes have to offer This is a rare opportunity to own a cash-flowing, multi-unit mobile home property in a high-demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market. Schedule your showing today and secure your next income-generating asset!
| DAYS ON MARKET | 159 | LAST UPDATED | 11/22/2025 |
|---|---|---|---|
| TRACT | 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2 | YEAR BUILT | 2004 |
| COMMUNITY | 99999 - Unknown | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Mobile/Manufactured |
| PRICE HISTORY | |
| Prior to Nov 22, '25 | $218,000 |
|---|---|
| Nov 22, '25 - Today | $168,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Sewer, Trash |
| APPLIANCES | Microwave, Refrigerator |
| AREA | 99999 - Unknown |
| CONSTRUCTION | Metal Siding |
| EXTERIOR | Other |
| HEAT | None |
| HOA DUES | 1145 |
| POOL | Yes |
| POOL DESCRIPTION | Other |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2 |
| UTILITIES | Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Johanna Guerrero, REALTY ONE GROUP EVOLUTION, 786-477-4715
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/16/25 5:42 AM PST.
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