1236 NE 109th St Miami FL 33161 MLS #A11524532

1236 NE 109th St
Miami, FL, 33161
$850,000
Beds
0 Baths
1,950 SqFt
0 Acres
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ATTENTION INVESTORS! The wait for Airbnb enthusiasts is over. Unit One boasts a spacious 2-bed, 2-bath layout with in-unit laundry, a private master bathroom, and shower. Unit Two also offers a generous 2-bedroom, 2-bathroom configuration, while Unit Three features a studio setup. Conveniently located just 15 minutes from Bal Harbor and beaches, this income-generating triplex offers a 6.5% cap rate. With a new roof and upgrades, it includes a studio RV hook-up at the rear of the property, four parking spots in the front, and a backyard yard space for guest entertainment and relaxation. The property is strategically situated near golf courses, major highways, shopping, and Biscayne Blvd. Close to Bal Harbour & Aventura Malls, Wynwood, Design District, Miami Shores and 15 mins to the beach!

Property Details

Price:
$850,000
MLS #:
A11524532
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
1236 NE 109th St
Type:
Multi Family
Subtype:
Triplex
Subdivision:
AMD PL BAY RIDGE
City:
Miami
Listed Date:
Feb 2, 2024
State:
FL
Finished Sq Ft:
1,950
ZIP:
33161
Year Built:
1952
Units:
3
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Schools

Interior

Cooling
Central Air
Flooring
Ceramic Floor, Other
Heating
Other

Exterior

Architectural Style
Attached
Construction Materials
Other
Parking Spots
6
Roof
Flat Roof With Facade Front, Other

Financial

Buyer Agent Compensation
1.5%%
HOA Frequency
Monthly
Net Operating Income
$57,027
Tax Year
2023
Taxes
$9,618

Map

Community

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