1130 NE 111th St

Biscayne Park, FL 33161

  • 5 Bed(s)
  • 3 Bath(s)
  • 1,892 Sqft
$799,000

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!

  • Property Type

    ResidentialIncome

  • Subdivision

    Biscayne Blvd Park

  • County

    Miami-Dade

  • Style

    ResidentialIncome

  • AD ID

    46980437

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BuyOwner last updated this listing 12/18/2024 @ 04:14

  • MLS: A11662614
  • LISTING PROVIDED COURTESY OF: Christopher Rubaie, IBuy SFL
  • SOURCE: SEFMIAMI

is a Home, with 5 bedrooms which is for sale, it has 1,892 sqft, 1,892 sized lot, and 0 parking. are nearby neighborhoods.