259 NE 111th St, Miami FL 33161

Discover a remodeled, income-producing duplex in Miami Highlands Sec A, ideally positioned between the prestigious Villages of Biscayne Park and Miami Shores. Located in unincorporated Miami-Dade County, this Residential Income property offers lower annual property taxes than neighboring communities and is not in a flood zone.
Built in 1947, this 1,762-square-foot attached ranch-style duplex is vacant, turnkey, and ready to tour. The spacious four-bedroom, two-bath unit is perfect for an owner-occupant, while two front efficiencies provide immediate rental income of $1,100 and $1,200 per month. The property currently generates $5,100 in gross monthly income, or $61,200 annually, with the vacant unit projected at $2,800 per month. Rents include utilities, and security deposits transfer.
Recent improvements include a 2023 roof, new central air conditioning, impact windows and doors, a large newly paved parking area, washer and dryer, and an additional electrified building or shed. Two separate electric meters serve the back unit and front efficiencies, with one shared water meter. Cooling includes central air, electric, ceiling fans, and wall/window units. Heating is central electric. Exterior lighting, room for a pool, energy-efficient doors and windows, and a laundry facility add everyday convenience.
Enjoy Miami’s year-round sunshine, beautiful beaches, vibrant dining and entertainment, excellent infrastructure, and proximity to Miami Country Day School. Preview the largest unit at 259 NE 111th St, Miami FL 33161. Occupied units are available during inspection with an executed contract only. Please do not disturb tenants.
Call or text/WhatsApp +1 786.468.4380 for details or a private showing.