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Rebecca Sexton

rebecca.sexton@engelvoelkers.com +1(772) 971-1357

$ 679,000

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259 NE 111th ST Miami, FL 33161

1,762 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,762 sqft

Price per Sqft $385

Subdivision Miami Highlands Sec A

MLS Listing ID A12040451

Construction Status Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 1762

Year Built 1947

Annual Tax Amount $5,510

Tax Year 2025

Property Sub-Type Duplex

Property Description

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! 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. Annual insurance policy costs $7500.

Location

State FL

County Miami-dade

Area 2220

Zoning 5700

Rooms

Other Rooms Outbuilding

Interior

Interior Features InteriorFeatures

Heating Central, Electric, Separate Meters

Cooling Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)

Flooring Terrazzo, Vinyl

Fireplace No

Laundry Outside

Exterior

Exterior Feature Lighting, Outdoor Living Area, Room For Pool

Fence Fenced

Utilities Available Cable Available

Water Access Desc Public

Roof Type Tar/Gravel

Porch Deck

Total Parking Spaces 5

Private Pool No

Building

Lot Description Sprinklers Manual

Dwelling Type Duplex

Story 1

Sewer Septic Tank

Water Public

Additional Building Outbuilding

Structure Type Block

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Hubert O. Sibley K-8 Academy

Middle Schools Horace Mann

High Schools Miami Edison

Others

Tax ID 3022310290060

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040451

Listed by Pamela J Hall Pamela Hall Real Estate, LLC.

NEARBY SCHOOLS & PROPERTIES

Rebecca Sexton

Advisor

+1(772) 971-1357

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