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.

Features
Swimming Pool
Heating System
Cooling System
Patio:
Deck
Architectural Style
Roof:
Shingle, Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33161
Street:
1350 Ne 111th St, Miami, Florida 33161
Longitude:
W81° 49' 45.9''
Latitude:
N25° 52' 41.3''
MLS Addon
Building Area:
1,853 Sqft
Construction Materials:
Block, Other
DOM:
1
Exterior Features
Flooring:
Ceramic Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
30-22-32-016-0120
Subdivision Name:
JAFFE SUB
Tax Annual Amount:
$10,749
Utilities
Virtual Tour:
Click Here
Window Features:
Impact Glass, Blinds

Residential Income For Sale

1350 Ne 111th St, Miami, Florida 33161, Miami, Florida 33161

1,853 Sqft
$1,400,000
MLS # #A12085641
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,400,000
Square Footage :
1,853 Sqft
Year Built :
1952
MLS # :
A12085641
Agent info
Contact Agent