Duplex in 259 NE 111th Street, Miami, FL 33161 for sale with MLS# A12040451

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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259 NE 111th Street, Miami, FL 33161

Price
Price:
$679,000.00
Original List Price:
$679,000.00
List Price per Sq Ft (Calculated, Approx.):
$385.35
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Back On Market
Last Major Update on:
August 11, 2026 2:44 pm
Other Special Conditions:
Home Warranty, Property Survey Available
Measures
Living Area:
1,762 Sqft
Built-Up Area:
1,762 Sqft
Lot Size Dimensions and Info:
5520
Lot Features:
Room For Pool
Property Features
Waterfront:
No
Exterior:
Lighting
Patio and Porch:
Deck
Other Structures:
Outbuilding
Laundry:
Outside
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Wall/window Unit(s), Electric
Heating
Heating System:
Central, Electric, Separate Meters
Fence:
Fenced
Boat and Dock Features:
Ramp
Storm Protection Impact Glass:
Complete
Sprinkler Description:
Manual Sprinkler
Construction
Year Built:
1947
Roof:
Tar/gravel
Number of Units Total:
3
Levels:
Two
Construction Materials:
CBS
Flooring:
Vinyl, Terrazzo
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
3
Flood Zone Code:
X
Property Condition:
Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$5,510.00
Tax Year:
2025
Property Tax Details:
County Only
Utilities
Sewer:
Septic Tank
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
MIAMI HIGHLANDS SEC A
Senior Community:
No
Terms
Documents Available:
Deposit - Security, Existing Survey, Copy Of Lease(s), Deposit Held
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Negotiable, Subject To Tenant Rights
Zoning and Legal
Tax 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
Real Estate Folio Number (Parcel Number):
3022310290060
Zoning:
5700
Public Schools Assigned
Elementary School:
Plantation Key
High School:
Miami Edison
Middle Or Junior School:
Horace Mann
Listing History
Active on the market since:
August 11, 2026
Listing Agreement executed on:
June 20, 2026
Listing Status Last Changed On:
August 11, 2026 2:44 pm
Photos updated on:
October 7, 2026 12:36 am
Last Modified:
October 7, 2026 12:36 am
Additional Information
Courtesy of:
Pamela Hall Real Estate, LLC.
Attribution:
Not provided
Location
Street Name:
111th
Street Number:
259
City:
Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 52' 39.4''
Longitude:
W81° 48' 26.5''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128
Ver la Propiedad Ver la propiedad 259 NE 111th Street, Miami, FL 33161
Association of REALTORS®
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