2204 Sw 11Th Ter, Miami, FL

House

For Sale

Listed price in listed location currency (USD).

$1,450,000

650

MLS® A12057991

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 3668 sqft

Garage

Taxes $4,603

Days Active 62

Lot Size 0.2 Acres

Approx. Age 1925

Avg. Price Per Sqft $395

MLS® Number A12057991

Property Address: 2204 Sw 11th Ter, Miami, FL, 33135-5007

Average square foot calculated using Size range provided by listing agent.

Description

**Income-Producing Property in a Desirable Miami Location!**Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio.**Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3, 600 per month** in rental income.**Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4, 000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy.The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1, 200 per month** in rental income.**Total current rental income: $8, 800 per month, or $105, 600 annually.**Plenty of parking adds to the property's appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike.A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others.**Seller is motivated—bring your offers!**

MLS® NumberA12057991

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1925

Basement

DrivewayDriveway

Garage Spaces

HeatElectric

A/CCentral Air

Extras

Map

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