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Miami Highlands Sec A

$679,000

259 NE 111th St, Biscayne Park, FL 33161

Active
Last Updated: 09/12/2026

1,762 sqft

Building Size

3

Units

Details:
Building Size:    1,762 sqft
Units:    3
Year Built:    1947
Floors:    1
Parking Spots:    5
Gross Leaseable Area:    1,762
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Building Features: Laundry Facility
  • Documents Available: Deposit Held, Deposit - Security, Copy Of Lease(S), Existing Survey
  • Architectural Style: Attached, Ranch
  • Cooling: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Flooring: Terrazzo, Vinyl
  • Construction Materials: CBS Construction
Description:

Spectacularly situated between the prestigious Villages of Biscayne Park and Miami Shores, the property is within walking distance to Miami Country Day School. Located in unincorporated Miami-Dade, your annual property taxes are significantly lower than neighboring communities—maximizing your net returns! No Flood Zone here.
This turnkey residential duplex generates $5,050/month gross ($60,600/yr).
The front unit is divided into two efficiencies, producing immediate cash flow at $1,100 and $1,200/month, both of these tenants are on annual leases. Both feature a flexible 30-day right to cancel, and security deposits transfer.
The rear unit income is $2,750 per month and escalates to $2,800 in August 2027.
Rents include utilities. Capital improvements offer total peace of mind: a new roof (2024), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. Features two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a tankless water heater.
Please use Show Assist for best showing times
See attachments for 4-Points Inspection Reports and Survey.

Map:
Location
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