Caribbean Isles

Posted: 9/30/2016
SOLD
78 Units
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About

About Caribbean Isles

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of 78 out of 252 condominium units at Caribbean Isle Villas located in Homestead, Miami-Dade, FL. Built in 2007, the units are 100% occupied and are available significantly below replacement cost. The units are generating over $1 million in current income. The HOA is well managed and fully funded with over $340,000 in reserves. Comparable condominium sales in the area range between $112,000 to $187,000 or $86 to $141 per square foot. The property and units are extremely well maintained. The units are spacious averaging almost 1,100 square feet, consisting of 52 2BD/2BA averaging 1,048 square feet and 26 are 3BD/2BA averaging almost 1,200 square feet.

  • Planned transit expansion will connect Caribbean Isles to Miami International Airport, Downtown Miami, Wynwood and more. Click here for the article.