11515 12Th AveMiami, FL 33161

Property Details for 11515 12Th Ave

Year built

1960

Property size (Sq ft)

3,067 SF

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.882

Longitude

-80.1738

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