For Sale
$859,000

11262 187Th St Miami, FL 33157

Brand new duplex, high-end finishes, excellent rental income.

Overview

Added:
Dec 11, 2024
Days on market:
132
This stunning 2024-built duplex in Miami, FL, presents a lucrative investment opportunity. Located at 11262 SW 187th St, 33157, this one-story property boasts two identical, side-by-side residences, each featuring three bedrooms and two bathrooms. Each unit includes its own parking space and a spacious patio. Constructed with durable CBS construction, the duplex features energy-efficient impact-resistant windows and doors. High-end finishes throughout include 9-foot ceilings, wood kitchen and bathroom cabinets with granite countertops, and stainless steel appliances (refrigerator with ice and water dispenser, range/oven, microwave, and dishwasher). Kohler Sterling tubs, ceramic flooring, and Moen faucets add to the luxurious feel. In-unit laundry adds to the convenience. Individual electric and water meters are installed for each unit. Projected rental income is $3,200 per month per unit. Expenses are limited to taxes, insurance, and lawn care; there are no CDD taxes or HOA fees. The property's prime location near a children's park and the turnpike entrance ensures high occupancy rates. Ready for immediate occupancy, this duplex offers a compelling combination of luxury, convenience, and strong rental potential.

Highlights

  • $859,000 asking price.
  • Brand new 2024 construction, multifamily duplex in Miami, FL.
  • Each unit features 3 bedrooms, 2 bathrooms, and a private patio.
  • High-end finishes including granite countertops, stainless steel appliances, and ceramic flooring.
  • Excellent rental location near a park and the Turnpike entrance; projected rent of $3,200/month per unit.
  • Low expenses; no HOA or CDD fees.

Property Details for 11262 187Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
2024
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.5939169
Longitude
-80.3742685

FAQs

What type of property is this?
Apartment building - Brand new duplex, high-end finishes, excellent rental income.
Where is the apartment building located?
The property is located at 11262 187Th St Miami, FL.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: $859,000 asking price.; Brand new 2024 construction, multifamily duplex in Miami, FL.; Each unit features 3 bedrooms, 2 bathrooms, and a private patio.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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11262 187Th St
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