1130 Ne 111th St St
Biscayne Park, Florida
$815,000 Rental Price
- Bedrooms   - Baths

Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for instant income generation with a 7.44%+ 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...

Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for instant income generation with a 7.44%+ 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, with the owner only responsible for water expenses. No flood insurance required. Don't miss this lucrative investment opportunity in Miami!

Listing courtesy of IBuy SFL

 

Listing Details

New Listing
Biscayne Park, Florida
Type: Rental
Price: $815,000
Approx. square footage: 1,969 sf
Date Listed: 9/20/2024
Web ID: 11662614
MLS ID: A11662614

Info & Amenities

Type: Duplex
Built: 1956
Pool: Yes

Map of Area for 1130 NE 111th St St

Listing Agent(s)