1216-1218 NE 112th Street, Miami, FL 33161

Property Description

Passive income from day one! Pride of ownership is evident throughout this beautifully maintained 2019 built duplex. Currently leased annually and generating over $70,000 per year, the property offers significant upside with the potential for short-term or Airbnb rentals. Featuring 4 bedrooms and 4 full baths total, each side offers a spacious 2 bedroom, 2 bath layout with a low-maintenance design and no renovations needed. Each unit features impact windows and doors, high ceilings, an open floor plan, and stylish Italian kitchens with quartz countertops and stainless steel appliances. Additional amenities include full size, in-unit washer and dryers, smart thermostats, and central A/C. Primary suites offer private en-suite baths and walk-in closets. Both units also feature private, fenced-in backyards with decks, perfect for entertaining or pets. A brand new apartment complex just completed one street over is already fully rented, reflecting the continued investment and growing demand in rejuvenated North Miami. Whole Foods, fantastic restaurants, shopping and A-rated schools are all 5-10 minutes away. Take advantage of this great income potential without any HOA fees. An excellent opportunity to own a turn-key, income producing property in one of Miami’s increasingly sought after and evolving areas, with immediate cash flow and future upside.