$338,000
For Sale

12105 NE 11th Pl #103

North Miami, FL 33161
709 sqft | 1 bed | 1 bath | #A11778918
Browse 17 photos
Type:Purchase
Structure:Condo
Zone:Residential

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, 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!

  • Property Details
      • InteriorBuilt-in Features, Closet Cabinetry, Cooking Island, Elevator, Walk-In Closet(s), Utility Room/Laundry
      • SubdivisionBISCAYNE POINT CONDO
      • Parking Type1 Space, On Street
      • CountyMiami-Dade County
      • Property SubtypeCondominium
      • ViewOther View
      • MLS #A11778918
      • MLS #A11778918
      • Property TypePurchase
      • Cost338000
      • Structure TypeCondo
      • Year Built1972
      • Square Feet709
      • Hoa Fees367
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
      • Stories4
      • Parking Spaces1

Location

United Realty GroupAlejandro Cruz
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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