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12105 NE 11th Pl Unit 103, North Miami, Florida 33161

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Active For Sale
$338,000
  • Beds 1
  • Baths 1
  • Sq Ft 709 Sqft
  • Visits: 10 in 13 days

Description

Investor alert! This fully remodeled condo in North Miami presents an exceptional turnkey investment opportunity, boasting a long-term tenant in place at a market rent of $2,400 per month and a solid 6.2% cap rate. Featuring modern finishes, Fully occupied with impact windows, an in-unit washer and dryer, and dedicated parking, this property offers both tenant appeal and financial stability. With a built-in 10% reserve for added peace of mind, this meticulously updated unit is ready to generate immediate returns. Don’t miss out on adding this high-performing asset to your portfolio!

Features

  • Heating System: Electric
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Lobby Secured, Key Card Entry, Elevator Secured
  • Parking: Garage Door Opener, One Space, On Street

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Water Heater, Disposal, Trash Compactor

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: North Miami
  • Subdivision: BISCAYNE POINT CONDO
  • Zipcode: 33161
  • Street: 11th Pl
  • Street Number: 12105
  • Floor Number: 0
  • Longitude: W81° 49' 31.9''
  • Latitude: N25° 53' 14.3''
  • UnitNumber: 103
  • Street Dir Prefix: NE
  • MLS Area: 22

MLS Addon

  • Association Amenities: Elevator(s), None
  • Association Fee: $367
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Reserve Fund
  • Close Price: $0
  • Exterior Features: Security/high Impact Doors
  • Flooring: Vinyl
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, Living/dining Room, Closet Cabinetry, Eat-in Kitchen, Elevator, Walk-in Closet(s), Kitchen Island, Built-in Features, Handicap Access
  • Listing Terms: Cash, Owner May Carry
  • New Taxes Expense: $0
  • Stories Total: 4
  • Tax Annual Amount: $3,425
  • Tax Year: 2024
  • Window Features: Impact Glass

Location

Listing Updated: 2025-04-08 04:40:12

  • Parent : 12105:NE:11th Pl:33161:North Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11778918
  • Price : $338,000
  • View : Other
  • Bedrooms : 1
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 709 Sqft
  • Year Built : 1972
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 12
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