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2204 SW 11th Ter, Miami, FL 33135

$1,550,000
  • 2204 SW 11th Ter, Miami, FL 33135 Main Photo

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Active
BEDS6 BATHS4 full 1 partial SQUARE FEET3,668 MLS#A12057991
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONBYAN PARK

Property Description

**Income-Producing Property in a Desirable Miami Location!**Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio.**Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3,600 per month** in rental income.**Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4,000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy.The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1,200 per month** in rental income.**Total current rental income: $8,800 per month, or $105,600 annually.**Plenty of parking adds to the propertys appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike.A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others.**Seller is motivated?bring your offers!**

2204 SW 11th Ter | MLS# A12057991

This single family home located at 2204 SW 11th Ter, Miami, FL 33135 is currently listed for sale with an asking price of $1,550,000. This property was built in 1925 and has 6 bedrooms and 4 full and 1 partial baths with 3668 sq. ft. SW 11th Ter is located in the BYAN PARK subdivision. Search BYAN PARK real estate on www.realty100.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Electric
Home Style: Detached, Two Story
Lot Size: 0.20 Acres
Roof Type: Barrel Roof, Flat Roof With Facade Front
Taxes: $4,603
Year Built: 1925

Amenities

First Floor Entry
Cooking Island
French Doors
Pantry
Roman Tub
3 Bedroom Split
Walk-In Closet(s)
Garage Apartment
Garage Converted
Open Balcony

Feature Descriptions

Appliances: Electric Water Heater, Gas Range, Refrigerator
Community Features: None
Crops Included Y/N: No
Days on Site: 43
Door Features: French Doors
Exterior: Concrete Block Construction, CBS Construction
Fencing: Fenced
Flooring: Ceramic Floor
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, FHA, VA Loan
Lot: Less Than 1/4 Acre Lot
Other Equipment: Natural Gas
Parcel#: 01-41-10-014-1800
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Open Balcony, Patio
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Special View Info: Garden
Water: Municipal Water, Well
Window: Hurricane Shutters

Local Schools

High School: Miami Senior
Middle School: Shenandoah
Elementary School: Shenandoah

Listed By / Shown By

Listed By

Agency Name: Brickell Brokers LLC
Agency Phone: 305-438-7777

Shown By

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

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Estimated Payment

$ 4,285.29 per month $3,449.63 Principal & Interest $383.58 Property Tax $452.08 Homeowner's Insurance

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