1130 Ne 111th St St
Biscayne Park, Florida
$799,000 Rental Price
- Bedrooms   - Baths

Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for instant income generation with a 7.42%+ 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...

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 courtesy of IBuy SFL

 

Listing Details

Biscayne Park, Florida
Type: Rental
Price: $799,000
Approx. square footage: 1,969 sf
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)