259 NE 111th Street
Miami, FL 33161
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: TarGravelLaundry Features: Outside -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric, SeparateMeters Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric, WallWindowUnits
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Building Information
Year Built: 1947Building Area Total: 1762Construction Materials: BlockPatio And Porch Features: DeckPrivate Pool: No -
Exterior Features
Exterior Features: Lighting, OutdoorLivingArea, RoomForPool
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Lot Information
Lot Dimensions: 5520 Lot Description: SprinklersManualProperty Information
Subdivision: MIAMI HIGHLANDS SEC A Source Property Type: ResidentialIncome Postal Code Plus 4: 7020 Property SubType: Duplex Property Age: 79
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Listing Price Information
Listing Price: $679000Cash, Conventional, FHA
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Tax Information
Parcel Number: 3022310290060 Tax Year: 2025 Annual Tax: $5510 Tax Legal Desc: 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
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Parking Information
Parking Total: 5
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School Information
Elementary School: Hubert O. Sibley K-8 Academy Junior High School: Horace Mann Senior High School: Miami Edison -
Utility Information
CableAvailable -
Location Information
Direction: Use Google Maps for 259 NE 111 St Miami WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1551 NE 117th Street, Miami, FL, 33161 | $850,000 | 6 | 3 | 2,246 | -- |
| 1429 NE 118th Terrace, Miami, FL, 33161 | $720,000 | -- | -- | 1,820 | -- |
| 1350 NE 111th Street, Miami, FL, 33161 | $1,400,000 | -- | -- | 1,853 | -- |
| 1563 NE 148th Street, Miami, FL, 33161 | $660,000 | -- | -- | 2,670 | -- |
| 1329 NE 110th Terrace, Miami, FL, 33161 | $770,000 | 6 | 4 | 1,890 | -- |
| 1301 NE 110th Terrace, Miami, FL, 33161 | $610,000 | 4 | 3 | 1,482 | -- |
| 1290 NE 110th Street, Miami, FL, 33161 | $750,000 | -- | -- | 1,882 | -- |
| 1286 NE 110th Street, Miami, FL, 33161 | $750,000 | -- | -- | 1,868 | -- |
| 1258 NE 109th Street, Miami, FL, 33161 | $648,995 | 3 | 2 | 1,861 | 6,250 Sq. Ft |
| 1255 NE 110th Terrace, Miami, FL, 33161 | $639,000 | -- | -- | -- | -- |
Similar Multifamily To 259 NE 111th Street
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 10/01/2026 @ 02:02
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