Multifamily in Biscayne Park, FL 331611130 NE 111th St
OFF MARKET
Beds
1,892
SqFt$417
$/SqFtMultifamilyProperty Type
1956Year Built
$417/SqFtPrice per sq ft
Security High Impact DoorsExterior Features
Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for investors or house hacking. This investment boasts a newer roof, impact windows/doors throughout, flooring and kitchen cabinets. 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 is generating annual gross rent of $68,400 (7%+ Cap Rate). Each unit has separate electric meters, owner is only responsible for water expense ($150/quarter). NO flood insurance required. Don't miss this lucrative investment opportunity in Miami!
Listing Courtesy Of: IBuy SFL
Local Realty Services Provided By: Best of Luxury Realty
On Site: 561 DaysUpdated: 520 Days agoPage Views: 0
Features
MLS Number: A11786711
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: SecurityHighImpactDoors
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
- Floor Description: Laminate,Tile
- Windows/Treatment: ImpactGlass
- Year Built: 1956
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-04-18T15:10:47.000-00:00
Taxes, Fees & More
- Taxes: 7272
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
04/18/2025
Listed
$789K
$417 ft2
$4,489 m2
04/18/2025
$789K
Event
Listed
Price Per
$417 ft2
$4,489 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Christopher Rubaie • IBuy SFL • Buyer Agency Compensation .
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