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Alex Miranda

[email protected] +1(305) 712-6522

$ 815,000

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1130 NE 111th St Biscayne Park, FL 33161

1,892 SqFt

UPDATED:

09/30/2024 08:29 PM

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

Construction Status Resale

HOA Y/N No

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

Window Features Impact Glass

Exterior

Exterior Feature Security/High Impact Doors

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Waterfront No

Roof Type Other

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Septic Tank

Water Public

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 30-22-32-003-0750

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by IBuy SFL

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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Alex Miranda

Alex Miranda

1130 NE 111th St Biscayne Park, FL 33161

Key Details

Location

Interior

Exterior

Building

Others

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1130 NE 111th St