1236 NE 109th St Miami, FL $ 850,000
1236 NE 109th St
$ 850,000
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1236 NE 109th St

Miami, FL, 33161
$ 850,000
Bedrooms9 Baths9.0 Sq 1,950

Monthly Estimate*

$ 5,649

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Multi-Family Home for sale in Miami, FL

for $850,000 with 9 bedrooms and 9 full baths. This 1,950 square foot home was built in 1952.

ATTENTION INVESTORS! The wait for Airbnb enthusiasts is over. Unit One boasts a spacious 2-bed, 2-bath layout with in-unit laundry, a private master bathroom, and shower. Unit Two also offers a generous 2-bedroom, 2-bathroom configuration, while Unit Three features a studio setup. Conveniently located just 15 minutes from Bal Harbor and beaches, this income-generating triplex offers a 6.5% cap rate. With a new roof and upgrades, it includes a studio RV hook-up at the rear of the property, four parking spots in the front, and a backyard yard space for guest entertainment and relaxation. The property is strategically situated near golf courses, major highways, shopping, and Biscayne Blvd. Close to Bal Harbour & Aventura Malls, Wynwood, Design District, Miami Shores and 15 mins to the beach!

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Multi-Family Contingent

Price

$ 850,000

Bedrooms

9

Full Bath

9

Property Type

Multi-Family

Taxes

$ 9,618

Style

Triplex

Year Built

1952

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11524532

Features
General
Sewer SepticTank
Heating Other
Cooling CentralAir
Utilities CableAvailable
Possession ClosingFunding
Roof Flat Other
HOA 0.0
Pool Features None
Construction Materials Other
Year Built 1952
Stories 1
Levels One
Property SubType Triplex
Tax Year 2023
Assoc Fee Paid Per Monthly
County Miami-Dade County
Net Operating Income 57027.0
Operating Expense 45730.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency No Contingencies
Subdivision Name AMD PL BAY RIDGE
Garage Y/N N
Rent Includes None
Status ActiveUnderContract
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 3700
MLS Area 22
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 109th St
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Unknown
Land Lease Y/N N
Tax Annual Amount 9618.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11524532
Days on Market 74
Standard Status ActiveUnderContract
Occupancy Type CallAgent
Total Actual Rent 102757.0
Property Sub Type Additional Triplex
Legal Description 32 52 42 AMD PL BAY RIDGE PB 20-8 LOT 6 BLK 6 LOT SIZE 50.000 X 125 OR 19849-1213 07 2001 1
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Interior
Flooring CeramicTile Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14Acre
Total Parking 6.0
Spa N
Building Area Total 1998.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1236
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* Excluded Features
List By
Keller Williams Capital Realty

Broker

richardk@kw.com

Email

Affordability Calculator

$6,451
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,649
Monthly Property Taxes
$802
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$850,000 -2.86% Price Down
2/26/2024$875,000 -1.69% Price Down
2/2/2024$890,000 Listed Price

Map


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1236 NE 109th St, Miami, FL, 33161 is a Multi-Family Home for sale at $850,000 with 1,950 sqft. 1236 NE 109th St has 9 bedrooms, 9.0 baths, and was built in 1952. The property's zip code is 33161 which is in Miami, FL