281 NE 112th St - Light Distribution FOR SALE


Miami, FL 33161
$720,000 USD
786-271-5870
281 NE 112th St, Miami, FL for Sale
$720,000 USD
Light Distribution - FOR SALE
1/15
null | 7% 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 North Miami SFH | $4,500/Month Income + 4BR/3BA Upside Fully renovated 3BR/2BA single-family home in a prime North Miami corridor — Between Miami Shores & Biscayne Park, Barry University, I-95, and the beaches. Current Income: $4,500/mo ($39,600 net annually) ?? Upgrades: 2023 roof, new plumbing & electrical, modern kitchen, stainless steel appliances Upside: Floorplans ready to convert to 4BR/3BA for higher rents ($5,200–$5,400/mo) Amenities: Spacious private yard with potential for outdoor features or expansion Leased through April 2026 — collect income from Day 1 Perfect for investors seeking stable cash flow with value-add potential in one of Miami’s fastest-growing rental submarkets.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income-Producing SFH | 4BR/3BA Upside

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Office/Residential

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

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

Carmen RedondoKamany RealtyMore Info
786-271-5870

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