University Lakes
1320 SW 131st Place, Miami FL 33184
4 beds · 4 baths · 4,500 ft²
$135,000
Est. Payment $719/mo
4
Bedrooms
4
Bathrooms
4,500
Sq. Ft.
1980
Year Built
1
Stories
39
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
- 39 days
- Listed
- May 2, 2026
- Last Updated
- Jun 10, 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
June 2026
53
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
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Alternative Outreach ProgramKG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.1 mi
Parkview Elementary SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 0.3 mi
Beacon Hill Preparatory SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 0.3 mi
Greater New Bethel Baptist DccPK,KG · private · 0.3 mi
Excelsior Prep Charter School of Miami GardensKG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Learning Emporium Preparatory AcademyPK,KG,1,2 · private · 0.5 mi
Excel Preparatory AcademyPK,TK,KG,1,2,3,4 · private · 0.5 mi
Parkway Baptist Church Wee CarePK,TK,KG · private · 0.5 mi
Sprouting to SuccessKG,1,2,3,4,5,6,7,8,9,10,11 · private · 0.5 mi
North Dade Regional AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
Estimated Monthly Payment
$981/mo
Principal & Interest
$719
Property Tax
$113
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 11 hours ago
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