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By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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The Twin White House is the Ideal Family Tranquil Getaway in Southwest Miami-Dade near Marinas, Everglades, and Entrance to Florida Keys.

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Miami, FL 33032

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$495,000
4
4
1,686
sq. ft.
$294
per sq ft
Heated sq ft: 1,665 sq ft
Avg Nightly Rate: $300
Home Legally Sleeps: 16
Occupancy Rate: 39 weeks
Annual Gross Income : 96000
Annual Net Operating Income : 74000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Business Stay, Couples/Romance, Farm, Nature, Pet Friendly, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 675

Property Description

INVESTORS GEM! The Twin White House is a Contemporary European Style Twinhome 100% Concrete in and out (Hurricane Cat5 proof). There is no HOA and no CDD. A 45-ft long driveway with enough space for 6 cars, Boat, RV, or Bus. In-laws quarter with its own entrance. Comes ready and fully furnished for Short Term Rental with all permits and several bookings across many channels like Airbnb and VRBO. Property generates around $8,000 gross per month. House is fully equipped with Wi-Fi, SmartTVs, Smarthome alarm system, and it's pet friendly. Loan not contingent on appraisal. Ideally down payment of 20% or more. Located on the Gateway to Florida Keys, near Marinas, Outlets, Zoo Miami, Everglades, Homestead Miami Speedway, Nurseries, Museums, and 25 minutes from MIA Airport.

Presented by:
Owner:
igor scardua
All Seasons Vacation Rental
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 500
Low: 250
Peak: 700
Special Event: 950
Avarage: 300.00
Furniture Age
4
Est Value of Furnishings
$20,000
Peak & High Seasons
January, February, March, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
I manage multiple properties in the area and this is the last one I own and want to sell to stop competing with clients. I also have a bigger project I want to invest and need extra capital.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
96000
Net Operating Income
74000
Stories
2
Additional Indoor Rooms
Attached In Law Suite, Living Room, Master Suite Down
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Half stove, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Tile
Security
Yes
Security Description
Alarm.com Complete Smarthome Package.
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Cool Roof, Energy Efficient Insulation, Energy Star appliances, Energy Star certified windows, Energy efficient lighting, Low flow faucets/toilets, Skylights, Tankless water heater
Year built
2018
Outdoor Features
Detached Garage, Fenced/Gated Yard, Porch - Not screened, Private Gated Driveway, Walk Out Balcony
View
Other
Backyard Exposure
North
Lot Size
4,063 Sq Ft.
Community Features
Tax Amount/Year
$4,500
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
16
Onsite Parking
45 ft gated driveway on the side of the house to park up to 6 compact cars with a 10x20 ShelterLogic Garage. We have another 45 ft not-gated driveway in front of the house.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$13.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
4 Years
Occupancy Rate
39
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner, Manager
Managed By
Owner, Manager
Management Bookings Percentage
$20.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
The owner is the property manager. The owner runs the largest vacation rental management company in the area and want to keep the house under its PM company. But there is no cancellation fee if switched PM companies
 
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Credit Card Fee
$3.40
Cleaning Fee
$180.00
Licesnes & Permits (Annual)
$136.00
Advertising & Tech Costs (Annual)
$420.00
Yard & Pest Control (Annual)
$720.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$2,100.00
Water/Sewer (Annual)
$1,200.00
Cable/Interbet (Annual)
$600.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$4,500.00
Homeowner's Insurance (Annual)
$1,500.00
Short Term Rental Insurance Rider (Annual)
$400.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Weeks Rented (of 52)

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Management Fee Annually

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Sales, Bed, Resort, Tourist Tax Annually ($)

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Loan
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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