$1,340,000

Price reduced

2204 SW 11th Ter, Miami FL 33135

6 beds5 baths3,668 sq ftBuilt 1925MLS# A12057991

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About this 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!**

Features

  • Pool

Property details

Property type
Single family
Year built
1925
Living area
3,668 sq ft
Price per sq ft
$365
Property taxes
$4,603/yr
Building / community
Byan Park
Status
Price reduced
MLS #
A12057991

Listing courtesy of Brickell Brokers LLC.

Location

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