2204 Sw 11th Ter, Miami, FL 33135

$1,450,000
6
BD
5
BA
3,668
SqFt

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List Price
$1,450,000
Price Change
▼ $50,000 1789186567
MLS#
A12057991
Subdivision
Byan Park
Status
ACTIVE
Type
Single Family Residential
Bedrooms
6
Full baths
4
Half baths
1
Living Area
3,668

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!**

Additional Information

Days on Market
57
View
Garden
Tax Amount
$4,603
Pool
Yes
Parcel Number
01-41-10-014-1800
Pool Description
In Ground
Bedroom Description
At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
Front Exposure
North
Lot Size
8,775
Exterior Features
Open Balcony
Parking Restrictions
Driveway
Address
2204 Sw 11th Ter, Miami
Elementary School
Shenandoah
SqFt Liv Area
3,668
Year Built
1925
Design
Detached, Two Story
Development Name
Byan Park
Style
Pool Only, House
Middle School
Shenandoah
Senior High School
Miami Senior
Restrictions
No Restrictions
Construction Type
Concrete Block Construction, CBS Construction
Interior Features
First Floor Entry, Cooking Island, French Doors, Pantry, Roman Tub, 3 Bedroom Split, Walk-In Closet(s), Garage Apartment, Garage Converted
Section
10

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Term of Loan
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Listing Courtesy of Brickell Brokers LLC, Contact: