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1245 NE 111th St, Miami, FL 33161

$375,000

  • For Sale
  • Active
  • Duplex
1245 NE 111th St, Miami, FL 33161View this property at 1245 NE 111th St, Miami, FL 33161
1245 NE 111th StMiamiFL33161

Property Description

CAP RATE 9%, great investment opportunity. Easy to rent. Highly desirable area. The property has been increasing in value and has had several improvements. New electric, separate meters, new fencing, tile throughout both units. Shared laundry room, separate meters and electric. Zoned for up to 10 units, room to build in-laws or 1/1 in backyard. Gross income $36,000. Expenses $5639 ($4069 tax, $250 septic maintenance, $960 lawn, $360 pest control)

Full Property Detailsfor 1245 NE 111th St

General

  • Price: $375,000
  • Taxes: (2017)
  • Status: Active
  • Type: Duplex
  • MLS ID: F10123420
  • Updated: 5/22/2018
  • Added: 34 day(s) ago

Interior

  • Flooring: Tile Floors

Exterior

  • Exterior Features: Balconies, Fence, Fruit Trees, Laundry Facility

Location

  • Area: 22
  • County: Miami-Dade County
  • Subdivision: Bayview Acres
  • Driving Directions: I-95 to exit 10A, Follow NW 125th St, Griffing Blvd and NE 107th St to NE 111th St. Turn left onto FL-922 E/NW 125th St. Turn right onto Griffing Blvd. Turn left onto NE 107th St. Turn left onto NE 12th Ave. Turn right onto NE 111th St.

Heating & Cooling

  • Cooling Type: Central Cooling
  • Heating Type: Central Heat

Utilities

  • Sewer: Septic Tank
  • Water: Municipal Water
  • Cable Available: Yes

Structural Information

  • Architectural Style: Duplex
  • Construction: Concrete Block Construction
  • Roof: Comp Shingle Roof
  • Sprinkler Desc: Other Sprinkler
  • Year Built: 1953

Unit Information

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 2

Lot Features

  • Zoning: 3700
  • Lot Description: Less Than 1/4 Acre Lot

Financial Considerations

  • Tax Year: 2017
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: BAYVIEW ACRESPB 34-88W50FT OF S130FT OF N260FT OFLOT 4 BLK 5LOT SIZE 50.000 X 130OR 20587-4563 08 2002 4
  • Property ID: 30-22-32-015-0730

Listed by Thank You Realty LLC

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Schools

Schoolsserving 1245 NE 111th St

School District:Miami-Dade County School District
School Name
Grades
Distance
Miami Shores Elementary School
10351 Ne 5th Ave, Miami, FL 33138
PK-5
1.1 mi
Air Base Elementary School
12829 Sw 272nd St, Homestead, FL 33032
PK-7
28.7 mi
Horace Mann Middle School
8950 Nw 2nd Ave, El Portal, FL 33150
6-8
2.3 mi
Miami Edison Senior High School
6161 Nw 5th Court, Miami, FL 33127
9-12
3.8 mi
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177
9-12
23.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 1245 NE 111th St Get Price Alerts

Date
Details
Price
Change
Source
5/18/2018
Listed
$375,000
17.19%
MLS
12/07/2016
Sold
$320,000
72.97%
Public Record
7/14/2016
Sold
$185,000
11.11%
Public Record
7/07/2016
Sold
$166,500
51.23%
Public Record
10/23/2013
Sold
$110,100
Public Record
10/23/2013
Sold
$110,100
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 1245 NE 111th St

Listed by Thank You Realty LLC

1245 NE 111th St, Miami, FL 33161 (MLS# F10123420) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1245 NE 111th St is currently listed for $375,000 and was received on May 18, 2018. Want to learn more about 1245 NE 111th St? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.