1130 NE 111th St, Biscayne Park, 33161

  • $799,000

Listing UP for Sale

Biscayne Park

1130 NE 111th St, Biscayne Park, 33161

Biscayne Park

  • $799,000

Overview

Property ID: A11662614
  • Property Type
  • Duplex
  • 1892
  • sqft
  • 1956
  • Year Built

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 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!

  • Address 1130 NE 111th St
  • City Biscayne Park
  • State/county Florida
  • Zip/Postal Code 33161
  • Area Miami-dade County

Details

Updated on November 10, 2024 at 5:08 pm
  • Property ID: A11662614
  • Price: $799,000
  • Property Size: 1892 sqft
  • Year Built: 1956
  • Property Type: Duplex
  • Property Status: Listing UP for Sale

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Christopher Rubaie
  • Christopher Rubaie