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About This Home
This 3-bedroom, 2-bathroom single family at 1581 NE 117 ST in Miami, FL is listed for $699,000 ($485 per sqft). Built in 1974, the home offers 1,440 sqft of living space on a N/A lot.
This is a rare opportunity to acquire a desirable single family or duplex, featuring both a 2-bedroom/1-bathroom unit and a 1-bedroom/1-bathroom unit but can easily open up with by unlocking a door. It is perfect for investors seeking immediate cash flow or owner-occupants who wish to live in one unit while offsetting their mortgage by renting the other, generating steady rental income.
The interior offers spacious living areas, a neutral layout, and large bedrooms. Exterior amenities include a large lot with ample yard space, a new fence for added privacy, and improved energy efficiency thanks to solar panels. Major updates include a new roof and new fence; the AC unit is approximately 8 years old. This property is an excellent fit for investors or FHA buyers looking for immediate income and long-term upside potential, boasting a potential annual income of $48,000!
Key Features
- Built in 1974
Property Details
Amenities
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1581 NE 117 ST
Miami, FL 33161
Biscayne Shores Unit 4
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1581 NE 117 ST is listed at $699,000 ($485/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.
Key features include: Built in 1974. Interior Features: Bedroom On Main Level, First Floor Entry. Exterior Features: Barbecue, Patio.
This property is listed by Shevaun Gandy and can be reached at 3052442398 or shevaungandy@gmail.com.
