281 NE 112th St - Light Distribution FOR SALE


Miami, FL 33161
$729,000 USD
786-271-5870
281 NE 112th St, Miami, FL for Sale
$729,000 USD
Light Distribution - FOR SALE
1/15
null | 5.43% Cap Rate

281 NE 112th St
Miami, FL 33161


HIGHLIGHTS

  • Income-Producing from Day One
  • Renovated & Low-Maintenance
  • Value-Add Potential with Expansion Plans

OVERVIEW

Turnkey Investment Property | $4,500/Month Income | Prime North Miami Location Investor-friendly 3-bed, 2-bath home in a high-demand North Miami corridor — just minutes from Miami Shores, Barry University, I-95, and the beaches. Fully renovated with 2023 roof, updated plumbing and electrical, modern kitchen, and stainless steel appliances. The home is currently rented for $4,500/month, delivering $39,600 net annual income. Enjoy a spacious private yard with room for outdoor amenities or future improvements (buyer to verify). Includes floorplans to convert to a 4-bed, 3-bath, offering excellent upside potential. Quiet neighborhood with quick access to schools, job centers, and Miami hot spots. Leased through April 2026 — start collecting income from Day 1.

FOR SALE DETAILS

PRICE

$729,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

5.43%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13

LAND SF

5,663

ZONING

5700

APN/PARCEL ID

30-2231-035-0040

ASK ABOUT THIS PROPERTY

Carmen RedondoKamany RealtyMore Info
786-271-5870

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Carmen RedondoKamany RealtyMore Info
786-271-5870

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.