1130 NE 111th St Biscayne Park FL 33161 MLS #A11662614

1130 NE 111th St
Biscayne Park, FL, 33161
$815,000
Beds
0 Baths
1,969 SqFt
0 Acres
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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!

Property Details

Price:
$815,000
MLS #:
A11662614
Status:
Active
Beds:
0
Baths:
0
Address:
1130 NE 111th St
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BISCAYNE BLVD PARK
Neighborhood:
Biscayne Blvd Park
City:
Biscayne Park
Listed Date:
Sep 20, 2024
State:
FL
Finished Sq Ft:
1,969
Total Sq Ft:
1,969
ZIP:
33161
Year Built:
1956
Units:
2
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Schools

Interior

Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Tile
Heating
Central

Exterior

Architectural Style
Attached
Construction Materials
C B S Construction
Parking Spots
4
Roof
Other

Financial

Net Operating Income
$60,619
Tax Year
2023
Taxes
$6,581

Map

Community

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