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2204 SW 11th Terrace, Miami, Florida 33135

Active For Sale
$1,500,000
  • Beds 6
  • Baths 5
  • Sq Ft 3,668 Sqft
  • Visits: 10 in 58 days

Description

**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

  • Swimming Pool: In Ground
  • Heating System: Electric
  • Cooling System: Central Air
  • Fence: Fenced
  • Patio: Balcony, Open, Patio
  • Parking: Driveway

Appliances

  • Appliances: Refrigerator, Electric Water Heater, Gas Range, Gas Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: BYAN PARK
  • Zipcode: 33135
  • Street: 11th
  • Street Number: 2204
  • Street Suffix: Terrace
  • Floor Number: 0
  • Longitude: W81° 46' 7.9''
  • Latitude: N25° 45' 42.5''
  • Street Dir Prefix: SW
  • MLS Area: 2410

MLS Addon

  • Association Amenities: No
  • Association Fee: $0
  • Association Fee Frequency: Monthly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Elementary School: Shenandoah
  • Exterior Features: Balcony, Outdoor Living Area
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate
  • Garage Spaces: 0
  • High School: Miami
  • Insurance Expense: $0
  • Interior Features: Walk-In Closet(s), Kitchen Island, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Dining Area, Separate/Formal Dining Room, Main Level Primary
  • Levels: Two
  • Middle Or Junior School: Shenandoah
  • New Taxes Expense: $0
  • Stories: 2
  • Stories Total: 2
  • Tax Annual Amount: $4,603
  • Zoning: 0100

Location

Listing Updated: 2026-09-16 22:47:31

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12057991
  • Price : $1,500,000
  • View : Garden
  • Bedrooms : 6
  • Bathrooms : 5
  • Full Bathrooms : 4
  • Half Bathrooms : 1
  • Square Footage : 3,668 Sqft
  • Year Built : 1925
  • Lot Area : 0.20 Acre
  • Listing Status : Active
  • Days On Market : 57
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