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
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