Spectacularly situated between the prestigious Villages of Biscayne Park and Miami Shores, the property is within walking distance to Miami Country Day School. Located in unincorporated Miami-Dade, your annual property taxes are significantly lower than neighboring communities?maximizing your net returns! Vacant, remodeled, ready to tour! Live in the 4 Bedroom unit and enjoy rental income from the other 2 units. Or rent them All. This turnkey residential duplex generates $5,100/month gross ($61,200/yr), with the vacant 4 bedroom 2 bath unit projected at $2,800/mo. The front unit is divided into two efficiencies, producing immediate cash flow at $1,100 and $1,200/month on annual leases. Both feature a flexible 30-day right to cancel, and security deposits transfer. Rents include utilities. Capital improvements offer total peace of mind: a new roof (2023), new impact windows/doors, a huge newly paved parking lot, washer/dryer, and the extra building/shed that conveys. Features two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Preview the largest unit today to experience the high-end finishes, which are completely mirrored in the two front units. To respect occupant privacy, the tenant-occupied units will only be shown during the inspection period with a fully executed contract; please do not disturb tenants.
Listed By
Agency Name: Pamela Hall Real Estate, LLC.
Agency Phone: 305-300-3419
Shown By
Agent Name: Latoya Brown
Agent Phone: Cell: (754) 214-7762
Agency Title: Realty 100
Estimated Payment
$ 2,168.37 per month $1,511.16 Principal & Interest $459.17 Property Tax $198.04 Homeowner's Insurance
259 NE 111th St | MLS# A12040451
This multi-family property located at 259 NE 111th St , Miami, FL 33161 is currently listed for sale with an asking price of $679,000. Search Miami real estate on lbrown.realty100.com today.