Description
1130 NE 111th St,
Biscayne Park,
FL
33161
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!
Listing By: IBuy SFL via Data Source: MIAMI MLS
Duplex Homes
Property type
Price History
| date | price | variance | type |
|---|
| 11/13/2024 | $799,000 | 1.96 % | decreased |
| 9/20/2024 | $815,000 | - | Listed |
listing agent: Christopher Rubaie
