University Lakes

1320 SW 131st Place, Miami FL 33184

4 beds · 4 baths · 4,500 ft²

For Sale · Active Listing

$135,000

Est. Payment $719/mo

MLS Sheet

Bedrooms

Bathrooms

4,500

Sq. Ft.

1980

Year Built

Stories

Days on Market

Description

Great investment opportunity in University Lakes Mobile Home Park in Tamiami. This income-producing manufactured home is divided into four efficiency units, currently generating approximately $5,000 per month with tenants in place. Ideal for investors seeking steady cash flow in a market with strong demand for affordable rentals. Located in a highly convenient area with close proximity to major commuter routes, retail destinations, dining options, and key business districts, the property offers excellent accessibility and long-term rental appeal. Optional portfolio sale available—seller also owns three additional manufactured homes within the same community and is willing to sell all four as a package. Seller is motivated. Land is not included in the sale.

Facts

MLS#: B26023449
Subdivision: University Lakes
Property Type: Residential
Property Sub Type: —
Year Built: 1980
Lot Size: 0 sqft
Sq. Ft.: 4,500 ft²
Sq. Mt.: 418 m²
Price per sq. ft.: $30/ft²
Price per sq. mt.: $323/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 82 days
Listed: May 2, 2026
Last Updated: Jul 23, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/2/2026

Listed for sale

$135,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1320 SW 131st Place, Miami FL 33184Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Destined for Greatness Christian Academy
KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Kilpatrick Christian Academy
KG,1,2,3,4,5,6,7 · private · 0.4 mi
East Coast Migrant Head Start
PK,KG · private · 0.9 mi
Garden Terrace Head Start
PK,KG · private · 0.9 mi
Chester A. Moore Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 1.1 mi
Frances K. Sweet Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Lincoln Park Academy
6,7,8,9,10,11,12 · public · 1.3 mi
Fort Pierce Westwood High School
9,10,11,12 · public · 1.5 mi
St Anastasia Catholic School
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 2.0 mi
John Carroll High School
9,10,11,12 · private · 2.0 mi

Estimated Monthly Payment

$981/mo

Principal & Interest

$719

Property Tax

$113

Insurance

$150

HOA

Down Payment20% ($27,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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