2204 Sw 11th Ter, Miami, FL 33135
- $1,500,000
- 6
- BD
- 5
- BA
- 3,668
- SqFt
- List Price
- $1,500,000
- Price Change
- ▼ $50,000 1788567028
- MLS#
- A12057991
- Bedrooms
- 6
- Bathrooms
- 5
- Sq. Ft
- 3,668
- Lot Size
- 8,775
- Subtype
- Single Family Residence
- County
- Miami-Dade
- Community
- Byan Park
- Subdivision
- Byan Park
- Year Built
- 1925
Property 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!**
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Additional Information
- Front Exposure
- North
- Status Label
- ACTIVE
- Construction
- Concrete Block Construction, CBS Construction
- Cooling
- Central Air
- Equipment
- Electric Water Heater, Gas Range, Refrigerator
- Flooring
- Ceramic Floor
- Heating
- Electric
- Lot Description
- Less Than 1/4 Acre Lot
- Parking
- Driveway
- Roof
- Barrel Roof, Flat Roof With Facade Front
- Bedroom Description
- At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
- Taxes
- $4,603
- View
- Garden
- Roofing
- Barrel Roof, Flat Roof With Facade Front
- Price Per Sqft
- $408
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Listing Courtesy Of Brickell Brokers LLC, Contact: