1800 NW 19 ST # 11, Miami FL 33125

Discover a practical investment opportunity at 1800 NW 19 ST # 11, Miami FL 33125. This 650-square-foot residential condominium is located in Segovia Gardens Condominium, a well-managed community in Miami-Dade County. Built in 1972, the second-floor Coach Home features a functional layout, second-floor entry, central air conditioning, other heating, no specified exterior features, and no view. The unit is offered unfurnished and includes a refrigerator.
Currently rented for $2,000 per month, the property offers an 8.6% net return with potential for yearly growth. The lease was recently renewed through July 31, 2027, with a $4,000 security deposit held by the owner. Minimal involvement is required, thanks to the active board of directors and offsite management.

Segovia Gardens Condo Unit 11

The community completed its 40-year certification in 2024, with the next certification due in 2034. Recent improvements include a new roof, exterior lighting, asphalt, security cameras, and a gated, fenced perimeter with grillwork. One assigned parking space is included. RVs, boats, trucks, and trailers are not permitted.
Segovia Gardens Condo Unit 11 is close to Brickell and Downtown Miami, an area known for strong rental demand. Miami offers year-round sunshine, beautiful beaches, vibrant dining and nightlife, cultural attractions, and convenient access to major roads, airports, and public transportation. The monthly association fee is $373.
For details, call or WhatsApp +1 786.468.4380.