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Buy a multi-family propertyat 1241 NE 113th Ter, Miami, FL 33161

$795,000

$0/mo

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Multifamily

2,356 Sq. Ft.

387 Days on market

A11362253 MLS ID

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About 1241 NE 113th Ter multi-family property

ZONED UP TO 9 UNITS!!!!This is the next investment to add to your portfolio!! This duplex is located on HALF AN ACRE! This is the perfect opportunity to collect rent while subdividing the land or building another property. Secluded street with lot of privacy and excellent neighbors. FULLY RENTED! Amazing location next to Biscayne Park and surround by million dollar homes! Steady rent and currently rented way below market due to long term tenants with potential to double the rents for each unit.
ZONED UP TO 9 UNITS!!!!This is the next investment to add to your portfolio!! This duplex is located on HALF AN ACRE! This is the perfect opportunity to collect rent while subdividing the land or building another property. Secluded street with lot of privacy and excellent neighbors. FULLY RENTED! Amazing location next to Biscayne Park and surround by million dollar homes! Steady rent and currently rented way below market due to long term tenants with potential to double the rents for each unit.

Property details

House

Architectural Style: Detached

Building Area Total: 3236

Building Area Units: Square Feet

Building Name: BAYVIEW ACRES

Living Area: 2356

Living Area Units: Square Feet

Stories: 1

Stories Total: 1

Structure Type: Duplex

Year Built: 1972

Year Built Details: Resale

Location

City: Miami

Coordinates: "-80.1730769", "25.8806209"

County Or Parish: Miami-Dade County

Latitude: 25.8806209

Longitude: -80.1730769

MLS Area Major: Bayview Acres

Postal Code: 33161

Postal Code Plus 4: 6819

State Or Province: FL

Street Dir Prefix: NE

Street Name: 113th Ter

Street Number: 1241

Street Number Numeric: 1241

Subdivision Name: BAYVIEW ACRES

Unparsed Address: 1241 NE 113th Ter, Miami FL 33161

Cooling

Cooling: Central Air

Cooling YN: t

Floors

Flooring: Ceramic Floor

Heating

Heating: Central, Electric

Heating YN: t

Listing

Listing Id: A11362253

Listing Terms: Conventional, FHA, FHA-Va Approved

List Price: 795000

Mls Status: Active

Number Of Units In Community: 2

Number Of Units Total: 2

Rent Includes: None

Standard Status: Active

Lot

Lot Features: 1/4 To Less Than 1/2 Acre Lot

Lot Size Units: Square Feet

Property

Parcel Number: 30-22-32-015-0510

Property Sub Type: Duplex

Property Type: Residential Income

Parking

Parking Total: 5

Possession

Possession: Funding

Taxes

Tax Annual Amount: 8908

Tax Legal Description: 32 52 42 BAYVIEW ACRES PB 34-88 S1/2 OF LOT 5 LESS S25FT FOR RD BLK 4 LOT SIZE 100.000 X 192 OR 19731-3935 06 2001 1 COC 22067-4976 02 2004

Tax Year: 2022

Monthly cost

Estimated monthly cost

$5,152/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$747,300

+$23,850

$771,150

Seller agent commission$23,850 (3%)*

$0 (0%)

Buyer agent commission$23,850 (3%)*

$23,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $23,850 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 26, 2024 at 4:35 p.m.

Data updated: May 26, 2023 at 6:35 a.m.

Courtesy of Falcon Empire Realty.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 MIAMI and Miami REALTORS®. All Rights Reserved.

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