259 NE 111th Street, Miami, FL 33161 (MLS# A12040451)

259 NE 111th Street, Miami, FL 33161

$679,000
Property Type: Residential Income Square Footage: 1,762 Status: Active
Current Price: $679,000 List Date: 8/11/2026 Last Modified: 10/07/2026

Overview

Description

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), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. Features two separate electric meters (one for th ...

Listing Details MLS# A12040451

General Property Information

Number Of Units Total
3
Property Sub Type
Duplex
Building Area Main
1762
Living Area Main
1762
Adjusted Area Main
1660
Year Built
1947
Parking Total
5
Lot Size Dimensions
5520
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Deposit - Security; Deposit Held; Existing Survey Electric: Circuit Breakers Exterior Features: Lighting Fencing: Fenced Flooring: Terrazzo; Vinyl Property Condition: Updated/Remodeled Structure Type: Duplex Boat and Dock Features: Ramp Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s) Heating: Central; Electric; Separate Meters Laundry Features: Outside Listing Terms: Cash; Conventional; FHA Lot Features: Room for Pool Other Structures: Outbuilding Possession: Negotiable; Subject To Tenant Rights Roof: Tar/Gravel Sewer: Septic Tank Special Information: Home Warranty; Property Survey Available Sprinkler Description: Manual Sprinkler Tax Information: County Only Utilities: Cable Available Water Source: Public Showing Requirements: Listing Agent Must Accompany; No Sign; Showing Service Outdoor Living Spaces: Deck Unit 1 Appliances: Microwave; Range; Refrigerator; Washer; Other Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Refrigerator; Other Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups; Window Coverings Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN
No
Original List Price
679000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
259
Street Direction Prefix
NE
Street Name
111th
Street Suffix
Street
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33161
Postal Code +4
7020
Postal Zip
33161
Subdivision Name
MIAMI HIGHLANDS SEC A
Area
2220
Elementary School
Hubert O. Sibley K-8 Academy
Middle Or Junior School
Horace Mann
High School
Miami Edison
Special Assessment YN
No
Parcel Number
3022310290060
Subdivision Number
29
Zoning
5700
Flood Zone
X
Directions
Use Google Maps for 259 NE 111 St Miami

Financial Information

Tax Annual Amount
5510
Tax Year
2025
Tax Legal Description
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

Status Change Information

Major Change Timestamp
2026-08-11T14:44:25Z
Major Change Type
Back on Market
Status Change Date
2026-08-11

More Information

Meter Information

Separate Electric Meters YN
Yes

Income and Expenses

Gross Income
60600

Boat and Dock Information

Dock Details
Community Boat Ramp

Ceiling Fan Details

Number Of Ceiling Fans
4

Storm Protection

Impact Glass
Complete

Unit 1 Details

Actual Rent
1200
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished
SqFt
400

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
1100
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished
SqFt
375

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
2750
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
SqFt
1200

Unit 3 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
385.35

Section Details

Parcel Number MLX
0060

Originating Details

Originating System Key
514590416
Originating System ID
M00000151
IDX
Listing Office: Pamela Hall Real Estate, LLC.
Source MLS Verified
Last Updated: October - 07 - 2026
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