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.
- Swimming Pool
- Heating System
- Cooling System
- Patio:
- Deck
- Architectural Style
- Roof:
- Shingle, Other
- Sewer
- 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''
- 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
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,400,000
- Square Footage :
- 1,853 Sqft
- Year Built :
- 1952
- MLS # :
- A12085641
