For Sale
$849,999

11238 187Th St Miami, FL 33157

New 2024 Duplex, High-Yield Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional new duplex in Miami, Florida, presents a lucrative investment opportunity. Built in 2024, this one-story, concrete block construction (CBS) property boasts two identical, side-by-side residences, each featuring three bedrooms and two bathrooms. Each unit includes its own dedicated parking space and a spacious patio. High-end finishes are standard throughout, including 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 (washer and dryer) is provided. Individual electric and water meters are installed for each unit. The property's prime location near a children's park and the turnpike entrance ensures high rental demand. Projected rent per unit is $3,100 per month. Expenses are limited to taxes, insurance, and lawn care

Highlights

  • Brand new (2024) duplex in Miami, FL, concrete block construction.
  • Two identical 3 bed/2 bath units, each with a dedicated parking space and patio.
  • High-end finishes including granite countertops, stainless steel appliances, and in-unit laundry.
  • Prime location near a park and turnpike access; projected rent: $3,100/month per unit.
  • Individual electric and water meters; low expenses (taxes, insurance, lawn care).

Property Details for 11238 187Th St

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

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.5939244
Longitude
-80.3739657

FAQs

What type of property is this?
Apartment building - New 2024 Duplex, High-Yield Potential
Where is the apartment building located?
The property is located at 11238 187Th St Miami, FL.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Brand new (2024) duplex in Miami, FL, concrete block construction.; Two identical 3 bed/2 bath units, each with a dedicated parking space and patio.; High-end finishes including granite countertops, stainless steel appliances, and in-unit laundry.
How can I contact the broker?
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11238 187Th St
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