1130 Northeast 111th Street

Biscayne Park, FL 33161

$799,000
Price
Beds
1,892 Sq. Ft.
$422 / Sq. Ft.
1,892
Sq. Ft.
$422
per Sq. Ft.

Description

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...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!
  1. Listed by Christopher Rubaie • IBuy SFL

Property Details for 1130 Northeast 111th Street

Subdivision
BISCAYNE BLVD PARK
Style
Duplex
Waterfront
No
Area
22
Auction
No
Total Units
2
Num Stories
1
Sq Ft Total
1969
LISTING UPDATED: 11/10/2024 02:46 PM

Property Details for 1130 Northeast 111th Street

StatusActive
MLS #A11662614
Days on Market60
Taxes$7,472 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built1956
Lot Size-
CountyMiami-Dade County

Building Information for 1130 Northeast 111th Street

Stories-Residences2Year Built1956Building Size-Lot Size-

Property Information for 1130 Northeast 111th Street

Location Information
Location Information
  • Parcel Number Free Text: 30-22-32-003-0750
  • Parcel Number MLX: 0750
  • MLS Area: 22
  • Municipal Code: 30
  • Township Range: 22
  • Section: 32
  • Subdivision Number: 3
  • Subdivision Complex Bldg: BISCAYNE BLVD PARK
  • Unit Count: 2
  • Zoning Information: 5700
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Attached
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction, CBS Construction
  • Construction Type: Concrete Block Construction, CBS Construction
  • Roof Description: Other Roof
  • Flooring: Laminate Floors, Tile Floors
  • Floor Description: Laminate Floors, Tile Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Ceiling Fans, Central Cooling, Electric Cooling
  • Water Description: Municipal Water
  • Sewer Description: Septic Tank
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Lawn Care, Water
  • Windows Treatment: High Impact Windows
  • Exterior Features: High Impact Doors, Laundry Facility
  • Storm Protection: Clear Impact Glass, Complete Impact Glass, High Impact Door
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Copy Of Lease(S), Rent Rolls

Property History for 1130 Northeast 111th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1130 Northeast 111th Street

Taxable ValueLand$256,500Additions$159,679Total$416,179
Tax Record2023$6,855 ($571 / month)
Home Facts
Total Finished SqFt1,892 SqFtAbove Grade Finished SqFt1,892 SqFtStories1Lot Size6,250 SqFtStyleDuplexYear Built1956Year Renovated1958Zoning5700:DUPLEXESCountyMIAMI-DADEAPN30-2232-003-0750

Schools near 1130 Northeast 111th Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Miami Shores Elementary School
PublicPK to 5

Horace Mann Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1130 Northeast 111th Street is a multi-family home for sale in Biscayne Park, FL 33161. This property was listed for sale on September 20, 2024 by IBuy SFL, it's currently listed at $799,000. It has been on the market for a total of 60 days and was last sold on February 10, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Miami Shores Elementary School, Air Base K-8 Center for International Education and Horace Mann Middle School. 1130 Northeast 111th Street is a 0-bed, 0-bath, 1,892 sqft multi-family home built in 1956.

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Listing Courtesy of IBuy SFL

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.