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259 NE 111th St Miami, FL $ 679,000
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$ 679,000 Get more info
259 NE 111th St
$ 679,000
Back to search
Share Save

259 NE 111th St

Miami, FL, 33161
$ 679,000
Bedrooms3 Baths2.0 Sq 1,762

Monthly Estimate*

$ 4,690

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Multi-Family Home for sale in Miami, FL

for $679,000 with 3 bedrooms and 2 full baths. This 1,762 square foot home was built in 1947.

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.

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Multi-Family Active

Price

$ 679,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,510

Style

Year Built

1947

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12040451
Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding Subject To Tenant Rights
Roof Tar/Gravel
Patio/Porch Features Deck
Pool Features None
Construction Materials CBSConcreteBlockStructure Block
Year Built 1947
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Community Features Laundry Facilities
County Miami-Dade
Property Type Residential Income
Energy Efficient Doors Windows
Subdivision Name MIAMI HIGHLANDS SEC A
Rent Includes Electricity Gardener Water
Full Baths 2
Status Active
Directions Use Google Maps for 259 NE 111 St Miami
City Miami
Disclosures Home Warranty Owner Is Listing Agent
Zoning Description 5700
Number Of Units Total 2
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA
Year Built Details Effective Year Built
Tax Annual Amount 5510
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040451
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 60600
Property Sub Type Additional Duplex
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
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Interior
Flooring Terrazzo Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Impact Glass
Half Baths 0
Total Bedrooms 3
Total Baths 0
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Exterior
Exterior Amenities Deck Fence Lighting Room For Pool Shed Storm/Security Shutters Security/High Impact Doors
Lot Features Sprinklers Manual < 1/4 Acre
Water Source Public
Total Parking 5
Spa false
Building Area Total 1762
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Pamela Hall Real Estate, Llc.

Broker

brokerpamela@gmail.com

Email

Affordability Calculator

$5,149
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,690
Monthly Property Taxes
$459
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/21/2026 $679,000 Listed Price

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259 NE 111th St, Miami, FL, 33161 is a Multi-Family Home for sale at $679,000 with 1,762 sqft. 259 NE 111th St has 3 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 33161 which is in Miami, FL

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