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$695,000
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Property Description
TURNKEY INVESTOR GEM: 7.7% GROSS YIELD & $4,500/MO GUARANTEED INCOME! Secure immediate cash flow with this high-performing 3/2 in North Miami, already leased through April 30, 2026. No vacancy risk and no leasing fees-start collecting rent on Day 1! FINANCIAL EDGE: Seller is offering a $10,000 CREDIT to buy down your interest rate or cover closing costs. This fully remodeled residence features premium finishes, a modern open layout, and high-demand upgrades that justify its top-tier rent. PRIME OPPORTUNITY: Ideal for 1031 Exchange buyers or portfolio growth in a high-appreciation pocket near Biscayne Blvd. Professional management-ready with a validated "proof of concept" at $4,500/mo. STRICTLY 24-HOUR NOTICE REQUIRED for showings as the property is tenant-occupied. Don't miss this high-yield, "set-and-forget" asset!
Full Property Details
Full Property Details for 281 NE 112th St
General
- Price: $695,000
- Taxes: $7,803 (2024)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11896888
- Updated: 12/26/2025
- Added to Site: 93 day(s) ago
Interior
- Interior Features: First Floor Entry, Storage, Utility Room/Laundry
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Floor, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level
Other Rooms
- Living Room: Storage Room, Utility Room Sq. Ft.
- Laundry: Utility Room/Laundry
Exterior
- Exterior Features: Lighting, Fruit Trees, Room for Pool
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Parking Features: Driveway
Location
- Area: Castilian Court
- County: Miami-Dade County
- Subdivision: CASTILIAN COURT
- Building Name: CASTILIAN COURT
- Direction Faces: South
School Information
- Elementary School: Gratigny
- Middle School: North Miami
- High School: North Miami Beach
Community
- Community Name: Castilian Court
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Flat Tile
- Windows: Blinds
- Doors: High Impact Doors
- Building Size: 1783
- Square Feet: 1,401
- Living Area: 1,401 Sq. Ft.
- Year Built: 1957
Lot Features
- Property View: Other
- Lot Size (Sq. Ft.): 5,520
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $496.07
- Tax Amount: $7,803
- Tax Year: 2024
- Terms: All Cash, Conventional, Cryptocurrency
Disclosures and Reports
- Legal Description: CASTILIAN COURT PB 11-37 LOT 4 BLK 1 LOT SIZE 60.000 X 92 OR 21120-2591 03 2003 4 COC 23578-4147 25426-4203 0705 1
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 30-22-31-035-0040
Listed by Kamany Realty & Prop. Mngmt In
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Schools
Schools serving 281 NE 112th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Gratigny Elementary School 11905 North Miami Avenue, Miami, FL 33168 | PK-5 | 0.6 mi |
North Miami Middle School 700 Northeast 137th Street, North Miami, FL 33161 | 6-8 | 1.6 mi |
North Miami Senior High School 13110 Northeast 8th Avenue, North Miami, FL 33161 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 281 NE 112th St
Date
Details
Price
Change
Source
12/26/2025
Price Reduced
$695,000
-0.57%
MLS
11/01/2025
Price Reduced
$699,000
-4.12%
MLS
10/15/2025
Listed
$729,000
73.57%
MLS
11/16/2021
Sold
$420,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 281 NE 112th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,128
17%
$437,311
13%
2023
$6,964
62%
$387,822
65%
2021
$4,294
-57%
$234,493
-30%
2022
$10,028
134%
$336,186
61%
2021
$4,294
17%
$209,015
26%
2019
$3,677
9%
$165,691
10%
2018
$3,375
13%
$150,629
—
2017
$2,975
8%
$150,779
21%
2016
$2,742
7%
$124,488
10%
2015
$2,568
8%
$113,171
10%
2014
$2,380
5%
$102,883
6%
2013
$2,269
—
$97,142
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 281 NE 112th St
281 NE 112th St, Miami, FL 33161 (MLS# A11896888) is a Single Family property with 3 bedrooms and 2 full bathrooms. 281 NE 112th St is currently listed for $695,000 and was received on October 15, 2025. Want to learn more about 281 NE 112th St? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

