Residential Income
1297 110th Ter
Miami, FL 33161
General Information
Location Information
Additional Features
Financial Information
Remarks
Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.
Listing Agent
Fernanda Moreno
Douglas Elliman
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020