2204 SW 11th Terrace, Miami, FL 33135
- $1,450,000
- 6
- BD
- 5
- BA
- 3,668
- SqFt
- List Price
- $1,450,000
- Status
- ACTIVE
- Days on Market
- 53
- Price Change
- ▼ $50,000 1789187563
- MLS#
- A12057991
- Subtype
- Residential
- Year Built
- 1925
- Bedrooms
- 6
- Bathrooms
- 5
- Full Baths
- 4
- Half Baths
- 1
- Living Area
- 3,668
- Acres
- 0.20
- Subdivision
- Byan Park
- MLS Area Major
- 2410
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 property's 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!**
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Additional Information
- Amenities
- None
- Interior Features
- Dining Area, Separate/Formal Dining Room, Garden Tub/Roman Tub, Kitchen Island, Main Level Primary, Pantry, Split Bedrooms, Walk-In Closet(s)
- Exterior Features
- Balcony, Outdoor Living Area
- Taxes
- $4,603
- Flooring
- Ceramic Tile, Laminate
- Appliances
- Electric Water Heater, Gas Range, Gas Water Heater, Refrigerator
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Stories
- 2
- Levels
- Two
- Roof
- Barrel, Flat
- Pool
- Yes
- Parking Features
- Driveway
- Elementary School
- Shenandoah
- Middle School
- Shenandoah
- High School
- Miami
- View
- Garden
Listing courtesy of Brickell Brokers LLC. Contact:
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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Magalys Colomar | Email: Maggierealtorlife@gmail.com