We are out of state but would be open to working with someone local if they can offer favorable terms.2) Any local realtors you have worked with and been happy with?

However, my mother has fully paid for the property, making her the rightful owner in practical terms.

In terms of finding a partner, I would recommend partnering with someone who has something that you don't have (understands renovations, real estate experience, has money, etc.)

It is a very long term investment but would sell for insane profits C.

Tourism keeps short-term rentals booked, while long-term rentals offer solid returns at a lower price point with steady demand.

The garage and the fact that a long term tenant was in place paying market rent.

For investors, the current market presents a mixed bag: while short-term rental income may be lower, Miami remains a strong market for long-term growth as affordability attracts more tenants.What’s your take on Miami’s rental market?

Honestly with an interest rate like that you could even not pay off your primary and put any excess capital in a high yields savings account and be financially further in the long term.  

A realtor who understands the numbers can help analyze the property’s projected cash flow and ROI, plus they might know local leads from probate attorneys or even “drive for dollars” efforts that can reveal off market gems.

We have sold (tax free), kept as long term and/or short term rentals as well.