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1130 NE 111th St, Biscayne Park FL 33161

Multi-family For Sale
$799,000

BTC: 9.08322726

ETH: 251.31002032

-$16K (2024/11/10)
53 days
0 room(s)
1,892 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Central
Price/sqft:
$422
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 30-22-32-003-0750

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $7,472

  • Source details

    • MLS ID: A11662614

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Clear Impact Glass / Complete Impact Glass / High Impact Windows

    • Architectural Style: Attached

    • Living Area: 1892

    • Water Source: Municipal Water

    • Subdivision Name: BISCAYNE BLVD PARK

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: IBuy SFL