For Sale
$900,000

11515 12Th Ave Miami, FL 33161

Luxury duplex, 6 bedrooms, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Miami duplex presents a lucrative investment opportunity. Situated on an expansive 8,428 square foot lot at 11515 NE 12th Ave, Miami, FL 33161, this 1-story, 1960-built property boasts 3,067 square feet of living space, divided into two units. Each unit features 3 bedrooms and 1 bathroom, totaling 6 bedrooms and 2 bathrooms across the property. Recent renovations include impact windows, central air conditioning, and updated electrical systems. The open kitchens feature breakfast bars, and each unit includes a private yard with mature fruit trees. A unique basement offers potential for conversion into an additional living space. The property's strategic location is just three blocks from Biscayne Park and Miami Shores, providing convenient access to the Biscayne corridor and Whole Foods. With a conservative estimated monthly rental income of $7,000, this property offers significant growth potential and is ideal for owner-occupancy or as a high-yield income property. Each unit is approximately 1,533.5 square feet. The asking price is $900,000.

Highlights

  • Exceptional Miami duplex investment opportunity on an 8,428 sq ft lot.
  • 1-story, 3,067 sq ft duplex built in 1960, featuring two 3 bed/1 bath units (6 beds/2 baths total).
  • Recent renovations include impact windows, central AC, and updated electric.
  • Open kitchens with breakfast bars, private yards with mature fruit trees, and a potential basement conversion.
  • Prime location, three blocks from Biscayne Park and Miami Shores, near Whole Foods and the Biscayne corridor.
  • Conservative estimated monthly rental income of $7,000, asking price $900,000.

Property Details for 11515 12Th Ave

Property type
Apartment buildings, Small apartment buildings
Square Feet
3,067 SF
Year Built
1960
Stories
1
Units
2

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8820213
Longitude
-80.1737989

FAQs

What type of property is this?
Apartment building - Luxury duplex, 6 bedrooms, high rental income.
Where is the apartment building located?
The property is located at 11515 12Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Exceptional Miami duplex investment opportunity on an 8,428 sq ft lot.; 1-story, 3,067 sq ft duplex built in 1960, featuring two 3 bed/1 bath units (6 beds/2 baths total).; Recent renovations include impact windows, central AC, and updated electric.
How can I contact the broker?
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11515 12Th Ave
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