College housing investor opportunity in prime Coral Gables location. This leased corner-unit condo at University Inn provides immediate rental income with tenants in place through June 2026. The unit features wood and vinyl flooring, granite kitchen countertops, and an in-unit washer and dryer. A brand new roof is currently being installed for the entire complex. Community amenities include a pool, Jacuzzi, on-site management, guest parking, an assigned parking space (#89), and a private storage unit (#62). HOA fees cover water, cable, internet, and more. Just steps from the University of Miami, Publix, Whole Foods, and the Metrorail, this turn-key condo offers reliable cash flow and strong long-term potential in one of the area's most desirable rental markets.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- BreakfastBar
- BedroomOnMainLevel
- FamilyDiningRoom
- FirstFloorEntry
- GardenTubRomanTub
- LivingDiningRoom
- Pantry
- SplitBedrooms
- TubShower
- WalkInClosets
- Elevator
- Flooring: Hardwood, Vinyl, Wood
- Window Features: Blinds
Appliances
- Dryer
- Dishwasher
- ElectricRange
- ElectricWaterHeater
- IceMaker
- Microwave
- Refrigerator
- Washer
Other Rooms
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
- Courtyard
- Patio
- Patio And Porch Features: Patio
Pool and Spa
- Pool Features: Association
Manufactured and Mobile Info
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Assigned, Guest, OneSpace
Home Features
- View: Garden, Pool
- Security Features: ComplexFenced, KeyCardEntry, SecurityGuard
Homeowners Association
- Association: Yes
- Association Amenities: Pool, SpaHotTub, Elevators
- Association Fee: 795
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, Amenities, CommonAreas, CableTv, HotWater, Insurance, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, Parking, PestControl, Pools, Sewer, Security, Trash, Water
- Calculated Total Monthly Association Fees: 795
- Pets Allowed: No
School Information
- Elementary School: Sunset
- High School: Coral Gables
- Middle School: Ponce De Leon
Multi-Unit Info
- Number of Units In Community: 146
Condo Info
- Unit Location: Corner Unit, East Of Us1, Substantially Remodeled
Other Property Info
- Annual Tax Amount: 6115
- Source Listing Status: Active
- County: Miami-Dade
- Directions: The real entrance is on US-1 not on South Alhambra Circle. You must be heading north so make a U-turn after the complex if you are driving south. Then turn left to yellow guest parking.
- Tax Year: 2024
- Restrictions: NoRv, NoTruck, OkayToLease1stYear, OkToLease
- Source Property Type: Residential
- Area: 41
- Property Subtype: condo
- Source Neighborhood: UNIVERSITY INN CONDO
- Parcel Number: 03-41-30-028-0990
- Postal City: Coral Gables
- Postal Code Plus 4: 3129
- Public Survey Range: 41
- Public Survey Section: 30
- Public Survey Township: 3
- Subdivision: UNIVERSITY INN CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 910
- Year Built: 1990
- Building Area Total: 910
- Building Features: ExteriorLighting
- Construction Materials: Block
- Entry Level: 3
- Entry Location: 3
- Property Age: 35
- Property Attached: Yes
- Property Condition: UpdatedRemodeled
- Building Total Stories: 4
- Year Built Details: Resale
Utilities
