2204 SW 11th Ter, Miami, Florida, United States, 33135
1,500,000
for Sale
6
4.5
8,775
About the property:
**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!**
- Property Type:
- Single Family Home
- Status:
- for Sale
- House Style:
- Detached
- Bedrooms:
- 6
- Bathrooms:
- 4.5
- Full Bathrooms:
- 4
- Half Bathrooms:
- 1
- Square Feet:
- 3668
- Central A/C:
- Yes
- Central A C Details:
- Central Air
- Water:
- Municipal Water, Well
- Heating:
- Electric
- Exterior:
- Open Balcony
- Miscellaneous:
- First Floor Entry, Cooking Island, French Doors, Pantry, Roman Tub, 3 Bedroom Split, Walk-In Closet(s), Garage Apartment, Garage Converted
- Appliances:
- Electric Water Heater, Gas Range, Refrigerator
- Association Fee:
- 0
- Is Garage:
- Yes
- Is Den:
- Yes
- Is Family Room:
- Yes
- Is Apartment:
- Yes
- Listing ID:
- A12057991
Rooms
Dimensions
Brokered by:
Brickell Brokers Llc
Presented By:
Presented By: