18550 Northeast 23rd Court

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18550 Northeast 23rd Court

Miami, FL 33180
Asking Price
$1.34M
Asset Type
Hospitality
Class
Class B

What's Special

Developer Inventory Kickout (DIK) Opportunity | Nightly Rental Approved Waterfront Hospitality Units <ul><li>​Limited release of 3 Developer Inventory Kickout (DIK) units within Canal West Aventura.</li><li>​Full upfront payment structure provides access to preferential pricing not available through the standard developer sales program.</li><li>​Fee-simple ownership of fully furnished, turnkey hospitality-oriented condominium units.</li><li>​Nightly short-term rentals permitted through the project’s hospitality operating model.</li><li>​Direct waterfront location with canal access and proximity

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NOI
$80,000
Cap Rate
5.95%
DSCR
1.00
Tight
Cash-on-Cash
0.06%
Monthly Payment
$6,646.855
Annual Cash Flow
$237.734

Location & Travel Times