Price Reduced 1.96%
Price History
$815,000
9/20/2024
$799,000
11/10/2024
1130 NE 111th St, Biscayne Park, FL, 33161
1956
1,892 sqft
Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for instant income generation with a 7.42%+ cap rate. This investment boasts a newer roof and impact windows/doors throughout. The first unit features 3 bedrooms, 2 bathrooms, and central A/C. While the second unit includes 2 bedrooms, 1 bathroom, Fully furnished, and mini-split A/C's. Both units have impact windows and doors with a newer roof. Tenants have access to a utility room at the back of the property with laundry facilities. The property generates a total gross rent of $5,600 per month and has separate electric meters, owner is only responsible for water expense ($600/yearly). Thankfully NO flood insurance required. Don't miss this lucrative investment opportunity in Miami!
Status:
Active
Type:
Multi-family
Zoning:
5700
Subdivision:
BISCAYNE BLVD PARK
Heating:
Central
Cooling:
Central Air, Ceiling Fan(s), Electric
Parking:
4-car
Est. Taxes:
$7,472
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
51
Pool:
None
MLS #:
A11662614
Community Info
School Info
Walk Score
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Listing courtesy of IBuy SFL Phone: 786-521-8539