1130 Northeast 111th Street
$799,000
—
1,892
1,892
$422
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!
- Listed by Christopher Rubaie • IBuy SFL
Property Details for 1130 Northeast 111th Street
Subdivision
BISCAYNE BLVD PARK
StyleDuplex
WaterfrontNo
Area22
AuctionNo
Total Units2
Num Stories1
Sq Ft Total1969
LISTING UPDATED: 11/10/2024 02:46 PM
Property Details for 1130 Northeast 111th Street
Status | Active |
---|---|
MLS # | A11662614 |
Days on Market | 60 |
Taxes | $7,472 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Duplex |
Year Built | 1956 |
Lot Size | - |
County | Miami-Dade County |
Building Information for 1130 Northeast 111th Street
Stories-Residences2Year Built1956Building Size-Lot Size-
Property Information for 1130 Northeast 111th Street
Property History for 1130 Northeast 111th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
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.
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