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Biscayne Blvd Park

$764,900

1130 NE 111th St, Biscayne Park, FL 33161

Active
Last Updated: 07/17/2025

60,329

NOI

1,969 sqft

Building Size

Details:
NOI:    $60,329
Building Size:    1,969 sqft
Units:    2
Year Built:    1956
Floors:    1
Parking Spots:    4
Gross Leaseable Area:    1,892
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Building Features: Laundry Facility
  • Documents Available: Copy Of Lease(S), Rent Rolls
  • Architectural Style: Attached
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction, CBS Construction
Description:

Introducing a completely occupied and newly renovated duplex property in Biscayne Park! Perfect for new or experienced investors. This investment boasts a newer roof, impact windows/doors throughout, flooring and kitchen cabinets. The first unit features 3 bedrooms, 2 bathrooms, with central A/C. While the second unit includes 2 bedrooms, 1 bathroom, Fully furnished, and mini-split A/C's. Both units have impact windows and doors with a newer roof. Tenants have access to a utility room at the back of the property with new laundry machines. The property is generating annual gross rent of $68,400 (7.5%+ Cap). Each unit has separate electric meters, owner is only responsible for water expense (~$50/month). NO flood insurance required. Don't miss this lucrative investment opportunity in Miami!

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