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Residential Income
$815,000
1130 NE 111th St Biscayne Park, FL

A11662614

37 of 459 for Sale
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an agent
  • Listed On:

    Sep 20, 2024
  • Days on Market:

    45
  • Year:

  • Taxes:

    $6,581 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

1130 NE 111th St Biscayne Park, FL 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!

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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    Central

  • Net Operating Income

    60619

  • Photo Count

    21

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1956

Any questions about Residential Income?
Contact our Biscayne Park Real Estate Specialist today.

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