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Duplex
259 NE 111th St
Miami, FL 33161
$679,000
- Sq ft
- 1,762
- Year built
- 1947
- Price per sq ft
- $385
Listing courtesy of Pamela Hall, Pamela Hall Real Estate, LLC.
About this home
Spectacularly situated between the prestigious Villages of Biscayne Park and Miami Shores, the property is within walking distance to Miami Country Day School. Located in unincorporated Miami-Dade, your annual property taxes are significantly lower than neighboring communities—maximizing your net returns! No Flood Zone here.
This turnkey residential duplex generates $5,050/month gross ($60,600/yr).
The front unit is divided into two efficiencies, producing immediate cash flow at $1,100 and $1,200/month, both of these tenants are on annual leases. Both feature a flexible 30-day right to cancel, and security deposits transfer.
The rear unit income is $2,750 per month and escalates to $2,800 in August 2027.
Rents include utilities. Capital improvements offer total peace of mind: a new roof (2024), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. Features two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a tankless water heater.
Please use Show Assist for best showing times
See attachments for 4-Points Inspection Reports and Survey.
This turnkey residential duplex generates $5,050/month gross ($60,600/yr).
The front unit is divided into two efficiencies, producing immediate cash flow at $1,100 and $1,200/month, both of these tenants are on annual leases. Both feature a flexible 30-day right to cancel, and security deposits transfer.
The rear unit income is $2,750 per month and escalates to $2,800 in August 2027.
Rents include utilities. Capital improvements offer total peace of mind: a new roof (2024), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. Features two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a tankless water heater.
Please use Show Assist for best showing times
See attachments for 4-Points Inspection Reports and Survey.
Details
Property
- Type
- Duplex
- Style
- Attached, Ranch
- Building
- Duplex
- Year built
- 1947
- Stories
- 1
- Building name
- MIAMI HIGHLANDS SEC A
- Subdivision
- MIAMI HIGHLANDS SEC A
- County
- Miami-Dade County
- Flood zone
- X
Interior
- Flooring
- Terrazzo, Vinyl
- Cooling
- Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
- Heating
- Central, Electric
Exterior and parking
- Exterior
- Exterior Lights, Room For Pool
- Patio and porch
- Deck
- Construction
- CBS Construction
- Roof
- Tar & Gravel Roof
Community and fees
- Annual taxes
- $5,510
- Terms
- All Cash, Conventional, FHA
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 10, 2026.