12345 11Th CtNorth Miami, FL 33161

Property Details for 12345 11Th Ct

Year built

1949

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

North Miami

County

Miami-Dade

State

Florida

Latitude

25.8897

Longitude

-80.1756

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