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Active Duplex
$679,000
259 NE 111th St, Miami FL 33161, Miami, FL 33161
0 Beds
Bedrooms
0 Baths
Bathrooms
1,762 sqft
Living Area
1947
Year Built

About This Property

Spectacularly situated between the prestigious Villages of Biscayne Park and Miami Shores, the property is within walking distance to Miami Country Day School. Located in unincorporated Miami-Dade, your annual property taxes are significantly lower than neighboring communities—maximizing your net returns! No Flood Zone
Vacant, remodeled, ready to tour! Live in the 4 Bedroom unit and enjoy rental income from the other 2 units. Or rent them All. This turnkey residential duplex generates $5,100/month gross ($61,200/yr), with the vacant 4 bedroom 2 bath unit projected at $2,800/mo. The front unit is divided into two efficiencies, producing immediate cash flow at $1,100 and $1,200/month on annual leases. Both feature a flexible 30-day right to cancel, and security deposits transfer. Rents include utilities. Capital improvements offer total peace of mind: a new roof (2023), new central A/C system, new impact windows/doors, a huge newly paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. Features two separate electric meters (one for the back unit, one for the two front units) and one shared water meter.
Preview the largest unit today to experience the high-end finishes, which are completely mirrored in the two front units. To respect occupant privacy, the tenant-occupied units will only be shown during the inspection period with a fully executed contract; please do not disturb tenants. See attachments for Inspection Reports and Survey.

Property Details

Property Type Duplex
Days on Market 23 days
HOA Fee None
Parking 5 spaces
Pool No
Waterfront No
Community MIAMI HIGHLANDS SEC A
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Sibley, Hubert O. K-8 Center
Elementary 305-953-3737
PK-8
255 NW 115 St., Miami, FL 33168
Mann, Horace Middle
Middle 305-757-9537
6-8
8950 NW 2 Ave., El Portal, FL 33150
Miami Edison Senior High
High School 305-751-7337
9-12
6161 NW 5 Ct., Miami, FL 33127

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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