259 NE 111th St, Miami, FL 33161

Listing Remarks — 259 NE 111th St, Miami, FL 33161

Nestled between Biscayne Park and Miami Shores, this tropical multi-unit property is within walking distance to Miami Country Day School. High elevation, no flood zone, multi-unit parcel in unincorporated Miami-Dade so property taxes are almost half of the neighboring communities—maximizing your net return. This turnkey residential legal duplex generates $5,150/month gross ($61,800/yr). The front unit is divided into two efficiencies, both are rented at $1,200 per month, both of these tenants are on annual leases. Both feature a flexible 30-day right to cancel. All security deposits transfer to the buyer. The rear unit has a 2-year lease ending Aug-2028, rent 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. There are two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a total of three tankless water heaters. The full report of 2026 4-Points Inspection and Wind Mitigation Reports are attached in the listing.

Inside the Residence: 259 NE 111th St, Miami, FL 33161

Flooring

Clay, Terrazzo, Vinyl

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)

Architectural Style

Attached, Ranch

Pool Private

No

Year Built Details

Effective Year Built

Property Condition

Substantially Remodeled

Building & Association Facts — 259 NE 111th St, Miami, FL 33161

Building Name

MIAMI HIGHLANDS SEC A

Building Area Total

1762

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Site, Views & Construction — 259 NE 111th St, Miami, FL 33161

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Tar & Gravel Roof

Exterior Features

Exterior Lights

Sewer

Septic Tank

Water Source

Municipal Water

New Construction

No

Tax & Parcel Record — 259 NE 111th St, Miami, FL 33161

Parcel Number

30-22-31-029-0060

Tax Annual Amount

$5,510

Tax Year

2,025

Tax Legal Description

MIAMI HIGHLANDS SEC A PB 13-34 LOT 6 BLK 1 LOT SIZE 60.000 X 92 OR 18308-4693 1098 1 COC 26414-4726 05 2008 1

Zoning

5700

County Or Parish

Miami-Dade County

On the Map