Multifamily in Biscayne Park, FL 33161

1130 NE 111th St

Aggressively repositioned at $699k and easy to see! Introducing a beautifully renovated duplex in the heart of Biscayne Park! An ideal opportunity for investors or owner-occupants. This income-producing property has generated $5,700 a month in gross rent ($68,400 annually) and offers strong upside in a highly desirable area. Recent upgrades include a newer roof and impact windows/doors throughout, providing durability and peace of mind. The first unit features 3 bedrooms and 2 bathrooms with a brand-NEW central A/C system, while the second unit offers 2 bedrooms and 1 bathroom, comes furnished (short term rental opportunity), and is equipped with a NEW mini-split A/C system with transferable warranty. Both units share access to a rear utility room with on-site laundry. Each unit has separate electric meters, with the owner responsible only for water, making this a low-maintenance investment. No flood insurance required. Schedule your showing today and don’t miss this turnkey duplex with huge potential cash flow in a sought-after Biscayne Park location.