12105 NE 11th Pl #103 Active

North Miami,FL 33161

$ 338000

1 Bed

1 Bath

709 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 709 sqft

Price per Sqft $476

Subdivision Biscayne Point Condo

MLS Listing ID A11778918

Bedrooms 1

Full Baths 1

HOA Fees $367/mo

Min Days of Lease 365

Year Built 1972

Annual Tax Amount $3,425

Tax Year 2024

Property Sub-Type Condominium

Property Description

Investor alert! This fully remodeled condo in North Miami presents an exceptional turnkey investment opportunity, boasting a long-term tenant in place at a market rent of $2,400 per month and a solid 6.2% cap rate. Featuring modern finishes, Fully occupied with impact windows, an in-unit washer and dryer, and dedicated parking, this property offers both tenant appeal and financial stability. With a built-in 10% reserve for added peace of mind, this meticulously updated unit is ready to generate immediate returns. Don't miss out on adding this high-performing asset to your portfolio!

Location

State FL

County Miami-dade

Community Biscayne Point Condo

Area 22

Interior

Heating Electric

Cooling Central Air

Flooring Vinyl

Exterior

Exterior Feature Security/High Impact Doors

Garage Spaces 1.0

Amenities Available Elevator(s),None

View Other

Building

Structure Type Block

Others

Acceptable Financing Cash,Owner May Carry

Listing Terms Cash,Owner May Carry

Pets Allowed Conditional,Yes

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