259 NE 111th St, Miami, FL 33161
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: pamela hall
Office: pamela hall real estate, llc.305-300-3419
MLS#:A12040451
Source:SEFMLS
Price summary
- Price:$679,000
- Price per sq. ft.:$385.36
About this home
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....
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Home facts
- Year built:1947
- Subdivision & Development:MIAMI HIGHLANDS SEC A
- Listing ID #:A12040451
- Updated:October 23, 2026 at 10:05 AM
Rooms and interior
- Flooring:Terrazzo, Vinyl
- Living area:1,762 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Wall/Window Units
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Tar/Gravel
- Year built:1947
- Building area:1,762 sq. ft.
- Lot Features:Sprinklers Manual
- Construction Materials:Block
- Exterior Features:Deck, Fence, Room For Pool, Security High Impact Doors, Storm Security Shutters
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$679,000
- Price per sq. ft.:$385.36
- Tax amount:$5,510 (2025)
Features and amenities
- Amenities:Blinds, Impact Glass Windows, Lighting
Parking
- Total parking spaces:5
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