2204 SW 11th Ter, Miami FL 33135
2204 11th Ter, Miami, FL, 33135
2204 11th Ter, Miami, FL, 33135Details
- Date added: Added 2 months ago
- Category: Single Family Residence
- Type: Residential
- Status: Active
- Bedrooms: 6
- Bathrooms: 4
- Half baths: 1
- Total rooms: 0
- Area: 3668 sq ft
- Lot size: 8775 sq ft
- SubdivisionName: BYAN PARK
- ListOfficeName: Brickell Brokers LLC
- GarageSpaces: 0
- View: Garden
- ListAOR: Miami Association of REALTORS®
- MLS ID: A12057991
Overview
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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!**
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Amenities
- Features:
- Amenities:
- CommunityFeatures: None
- WindowFeatures: Hurricane Shutters
- ExteriorFeatures: Open Balcony
- PoolFeatures: In Ground
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- Cooling System: Yes
- PoolPrivateYN: No
- FireplaceYN: No
Location
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12057991
Building Details
- Cooling features: Central Air
- Year built: 1925
- ArchitecturalStyle: Detached, Two Story
- NewConstructionYN: No
- Building Name: BYAN PARK
- Exterior material: CBS Construction, Concrete Block Construction
- Roof: Barrel Roof, Flat Roof With Facade Front
- Heating: Electric
- Parking: Driveway
