Segovia Gardens Condo Homes with Okay To Lease 1st Year Restrictions

Welcome to Segovia Gardens Condo, a hidden gem nestled in the vibrant heart of Miami, Florida. This charming subdivision, located in the picturesque Miami-Dade County, offers a unique blend of comfort, convenience, and community living that is hard to resist.

Segovia Gardens stands out with its beautifully designed condominiums, featuring modern architecture and lush landscaping that create a serene oasis in the bustling city. Each home is thoughtfully crafted to provide spacious living areas, contemporary finishes, and an abundance of natural light, making it the perfect retreat after a long day. Residents enjoy access to a range of amenities, including a sparkling swimming pool, fitness center, and beautifully landscaped common areas, ideal for relaxation and social gatherings.

One of the key features of Segovia Gardens is its flexible leasing policy. With an "Okay to Lease 1st Year" restriction, homeowners can easily rent out their units, making it an attractive option for both investors and those looking to enjoy the benefits of condo living without long-term commitment. This flexibility allows for a dynamic living environment, where residents can experience the joys of homeownership while still having the option to generate rental income.

Located in the vibrant city of Miami, Segovia Gardens Condo offers easy access to a plethora of dining, shopping, and entertainment options. Whether you’re exploring the trendy neighborhoods of Wynwood and Brickell or soaking up the sun at nearby beaches, life in Segovia Gardens promises to be a delightful blend of relaxation and excitement. Discover your new home today in this enchanting community!

Newest Segovia Gardens Condo Homes with Okay To Lease 1st Year Restrictions

$199,999

2 Beds ⋅ 1 Baths ⋅ A12060854 MLS ⋅ 33125 Zip Code ⋅ Segovia Gardens Condo BLDG.

Cash machine with long term rental+appreciation growth prospects High demand/rental area due to proximity to Brickell & Downtown Continuously rented to the same long term tenant (over 10 years) Current rent $2000.00 (8.6% net and growing yearly) Unit recently remodeled with new AC and appliances, porcelain flooring and modern outlook. Minimal involvment required, building is well managed by current BOD & an offsite manager. 40 year certification was completed in 2024 (next one due in 2034). New roof, exterior lighting, asphalt, cameras and gate. One reserved parking with this unit. Also available unit#2(2/1 next door) unit#11(2/1 2nd floor) & unit#9(1/1, 2nd floor) All units rented to long term tenants with no lapse in rental history.

Miami

$180,000

1 Beds ⋅ 1 Baths ⋅ A12016292 MLS ⋅ 33125 Zip Code ⋅ Segovia Gardens Condomini BLDG.

Rarely availabe, this is a clean, well maintained 12 unit building and easily managed. This unit (and all other units) is always rented & never has been vacant since it was purchased 7 years ago. Long term (5 years)renter currently paying $1775.00. Never has defaulted or paid late Tenant has a history of paying 1-2 weeks BEFORE the due date for years , records available Its as passive and clean returns you can get in RE Lease was recently renewed & ends June 30, 2027 No special assessments (building is well funded & managed by the BOD) Updated & remodeled, exactly as pics, new AC & appliances Tub was repainted last year but paint is flaking due to normal wear and tear. One reserved parking and 2 visitor parking inside the building Off street parking is also available just outside the gate. Owner/realtor also has 3 more units (2/1) for sale in the same building. Buy all 4, become president and assume control of the board. Owner/realtor acting as HOA president recently completed the 40 year certification in Feb 2024. In this period, roofing was done, building painted. cameras installed, sensor controlled LED outdoor lighting new asphalt and many other improvements. BOD is actively managing and making improvements. No reserve/minimum reserves but HOA is well funded and will soon be making a contribution to the reserve account and get it up to speed.Monthly dues for this unit is $350.92 Property taxes $2023 Do the math and send a clean offer

Miami

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