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1350 NE 111th St , Miami, FL 33161

$1,400,000
  • 1350 NE 111th St , Miami, FL 33161 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,853 MLS#A12085641
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJAFFE SUB

Property Description

Rare opportunity to acquire a fully furnished, income-producing four-unit multifamily property in a prime North Miami location, just one block from Biscayne Boulevard. The property features two 1-bedroom/1-bath residences and two studios, each with individual electric meters, offering excellent flexibility for investors.Extensively remodeled in 2021, including a new roof, new windows, updated electrical systems, and interior improvements. The property is being offered fully furnished and is currently licensed for short-term/Airbnb use, while also offering the flexibility to operate as traditional annual rentals.An additional separate legal structure at the rear of the property serves as a dedicated laundry facility and is equipped with a washer and dryer, providing added convenience for property operations and tenants.Ideally positioned less than a 10-minute drive from Bal Harbour and the beaches, with convenient access to major transportation, shopping, dining, and surrounding neighborhoods. Located in an area experiencing significant redevelopment and continued investment, this turnkey fourplex presents a compelling opportunity for an investor seeking a multifamily asset with multiple rental strategies and long-term upside.

1350 NE 111th St | MLS# A12085641

This multi-family property located at 1350 NE 111th St , Miami, FL 33161 is currently listed for sale with an asking price of $1,400,000. Search Miami real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Fenced: Yes
Heating: None
Roof Type: Other, Shingle
Stories: 1.0
Taxes: $10,749
Year Built: 1952

Amenities

Exterior Lights

Feature Descriptions

Building Features: Laundry Facility
Crops Included Y/N: No
Days on Site: 1
Exterior: CBS Construction, Other
Fencing: Fenced
Flooring: Ceramic Floor
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 30-22-32-016-0120
Patio/Porch: Deck
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Septic Tank
Units: 4
Water: Municipal Water
Window: Partial Impact Glass, Blinds, High Impact Windows

Listed By / Shown By

Listed By

Agency Name: Miles Goldstein Real Estate
Agency Phone: 305-336-6959

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 4,419.88 per month $3,115.79 Principal & Interest $895.75 Property Tax $408.33 Homeowner's Insurance

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