$679,000

259 NE 111TH ST, MIAMI, FL 33161

0 baths1,762 sq ft2 to 4 unitsBuilt 1947
Updated today, November 3, 2026

This home against the area

$385 per sq ft
85 days on the market
$5,510 in property taxes (2025)

About this home

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 the back unit, one for the two front units) and one shared water meter. Property has a tankless water heater.Please use Show Assist for best showing times See attachments for 4-Points Inspection Reports and Survey.

Zoned schools

Elementary: Hubert O. Sibley K-8 Center
Middle: Horace Mann Middle School
High: Miami Edison Senior High School

From Miami-Dade County Public Schools attendance zones.

Listing courtesy of Pamela Hall Real Estate, LLC.. MLS# A12040451.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed August 10, 2026.

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