For Sale
$895,000

12345 11 Ct North Miami, FL 33161

Renovated Duplex, Strong Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional two-unit apartment building in North Miami, Florida presents a compelling investment opportunity. Located at 12345 NE 11th Ct, 33161, this 1949-built, single-story duplex boasts a recent, comprehensive renovation. The property offers two spacious units, each featuring three bedrooms and two bathrooms, complete with updated kitchens and bathrooms, new flooring, modern lighting, and stainless steel appliances. Impact windows and doors enhance energy efficiency and security. New roofing ensures long-term structural integrity. Both units include in-unit laundry facilities and separate utilities, simplifying management and maximizing rental income. One unit is currently leased at $3,600 per month on an annual lease. The property's convenient location near public transportation, shopping, and dining options in Miami-Dade County contributes to its strong rental potential. The asking price is $895,000, representing $447,500 per unit. This turnkey investment is ideal for those seeking immediate cash flow and long-term appreciation in a thriving North Miami rental market. The property's recent upgrades minimize future maintenance needs, further enhancing its investment appeal. This is a rare opportunity to acquire a fully renovated, high-performing multifamily property in a desirable location.

Highlights

  • Fully renovated, two-unit duplex in North Miami, FL.
  • Located at 12345 NE 11th Ct, 33161.
  • Each unit features three bedrooms and two bathrooms.
  • Recent upgrades include new kitchens, bathrooms, flooring, lighting, stainless steel appliances, impact windows/doors, and roofing.
  • One unit leased at $3,600/month.
  • Asking price: $895,000 ($447,500 per unit).

Property Details for 12345 11 Ct

Property type
Apartment buildings, Small apartment buildings
Year Built
1949
Stories
1
Units
2

Location Insight

City
North Miami
County
Miami-Dade
State
Florida
Latitude
25.8896641
Longitude
-80.1756055

FAQs

What type of property is this?
Apartment building - Renovated Duplex, Strong Rental Income
Where is the apartment building located?
The property is located at 12345 11 Ct North Miami, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Fully renovated, two-unit duplex in North Miami, FL.; Located at 12345 NE 11th Ct, 33161.; Each unit features three bedrooms and two bathrooms.
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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12345 11 Ct
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