1350 NE 111th Street, Miami, FL 33161
- $1,400,000
- 1,853
- SqFt
- List Price
- $1,400,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- A12085641
- Subtype
- Residential Income
- Year Built
- 1952
- Living Area
- 1,853
- Subdivision
- Jaffe Sub
- MLS Area Major
- 2220
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.
/u.realgeeks.media/nizzrealty/NR_black.jpg)
Additional Information
- Exterior Features
- Lighting, Outdoor Living Area
- Taxes
- $10,749
- Flooring
- Ceramic Tile
- Heating
- None, Separate Meters
- Air Conditioning
- Electric
- Exterior Construction
- Block, Other
- Stories
- 1
- Roof
- Other, Shingle
- Elementary School
- David Lawrence Jr. K-8
- Middle School
- North Miami
- High School
- Alonzo and Tracy Mourning
Listing courtesy of Miles Goldstein Real Estate. Contact:
Mortgage Calculator
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: Esteffany Castrillon | Email: c.esteffany@gmail.com