259 NE 111th Street, Miami, FL 33161

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List Price
$679,000
Days on Market
148
MLS#
A12040451
Sq. Ft
1,762
Subtype
Duplex
County
Miami-Dade
Subdivision
Miami Highlands Sec A
Year Built
1947

Property Description

Nestled between Biscayne Park and Miami Shores, this tropical multi-unit property is within walking distance to Miami Country Day School. High elevation, no flood zone, multi-unit parcel in unincorporated Miami-Dade so property taxes are almost half of the neighboring communities—maximizing your net return.This turnkey residential legal duplex generates $5,150/month gross ($61,800/yr).The front unit is divided into two efficiencies, both are rented at $1,200 per month, both are month to month leases but have been long term tenants. All security deposits transfer to the buyer. The rear unit has a 2-year lease ending Aug-2028, rent 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), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. There are two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a total of three tankless water heaters.The full report of 2026 4-Points Inspection and Wind Mitigation Reports are attached in the listing.

Additional Information

Construction
CBS (Concrete Block Structure), Block
Cooling
Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
Flooring
Clay, Terrazzo, Vinyl
Heating
Central, Electric, Separate Meters
Roof
Tar/Gravel
Taxes
$5,510
Utilities
Cable Available
Stories
1
Price Per Sqft
$385
Elementary School
Hubert O. Sibley K-8 Academy
Middle School
Horace Mann
High School
Miami Edison

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Listing courtesy of Pamela Hall Real Estate, LLC.. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Pamela J Hall | Email: brokerpamela@gmail.com