331 SW 11th Ave, Miami, FL 33130 — MLS photo

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331 SW 11th Ave, Miami, FL 33130

Active · Duplex

$1,100,000

331 SW 11th Ave, Miami, FL 33130

Beds
—
Baths
0
Living area
2,380 sq ft
$ / sq ft
$462/sq ft
Year built
1948
Lot size
—
HOA fee
—
Annual tax
$14,154

About this property

EXCELLENT Airbnb income approach opportunity, Centrally located West Brickell (Little Havana) turnkey duplex completely upgraded n 2019 with new flooring, kitchens and baths and new central AC. Each duplex has 3 bedrooms and 2 baths with washer and dryer and a large back yard. The units are 100% occupied with excellent tenants paying $3200per month; rents can be increased by at least $300.00 per month. Situated just 4 blocks from Calle 8 and minutes from Brickell, downtown, Wynwood, the health district, Coconut Grove, Coral Gables and the airport. Do not disturb the tenants .

Property location

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331 SW 11th Ave, Miami, FL 33130

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Facts & features

Interior

Bathrooms
0
Living area
2,380 sq ft
Flooring
Laminate
Cooling
Central Air
Heating
Central, Electric

Exterior & Structure

Property type
Duplex
Year built
1948
Roof
Flat, Tile
Construction
Brick, Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$14,154
Subdivision
LAWRENCE ESTATE LAND CO
County
Miami-Dade
Days on market
3
MLS listing ID
A12030049
Listing status
Active

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

-$458

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.8%
Gross yield
8.0%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$57,083

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