534 NW 113th St, Miami Shores, FL 33168 — MLS photo

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534 NW 113th St, Miami Shores, FL 33168

Active · Duplex

$638,000

534 NW 113th St, Miami Shores, FL 33168

Beds
—
Baths
0
Living area
1,504 sq ft
$ / sq ft
$424/sq ft
Year built
1948
Lot size
—
HOA fee
—
Annual tax
$12,549

About this property

Location! This property is located between Miami Shores and El Portal, both highly desirable areas known for their proximity to Miami's vibrant cultural and commercial centers. Each side of the duplex has two bedrooms and two bathrooms. The duplex was updated in 2018 to ensure peace of mind regarding major repairs. A 15-minute drive from Miami Beach, Wynwood, and the Miami Design District, making it a desirable location for prospective renters who want easy access to Miami's top attractions, restaurants, shopping, and art scenes. The sale of the property is subject to bank approval.

Interior & exterior features

Cooling

  • Central Air

Heating

  • Central

Exterior features

  • Fence

Pool

  • None

Flooring

  • Tile

roof

  • Spanish Tile

construction

  • CBSConcrete Block Structure
  • Block

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$427

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.9%
Gross yield
8.4%
Mortgage payment
$3,024/mo
Down payment
$159,500
Loan amount
$478,500
Annual NOI
$31,175

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.