1130 NE 111th St Active Save Request In-Person Tour Request Virtual Tour
Biscayne Park,FL 33161
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,892 sqft
Price per Sqft $430
Subdivision Biscayne Blvd Park
MLS Listing ID A11662614
Year Built 1956
Annual Tax Amount $6,581
Tax Year 2023
Property Description
Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for instant income generation with a 7.44%+ 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, with the owner only responsible for water expenses. No flood insurance required. Don't miss this lucrative investment opportunity in Miami!
Location
State FL
County Miami-dade
Community Biscayne Blvd Park
Area 22
Interior
Heating Central
Cooling Central Air,Ceiling Fan(s),Electric
Flooring Laminate,Tile
Exterior
Exterior Feature Security/High Impact Doors
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Waterfront No
Roof Type Other
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional