Welcome to this brand-new duplex in the sought-after Queens Park subdivision! Each unit offers 4 bedrooms and 3 bathrooms, totaling 8 bedrooms and 6 bathrooms. The kitchens are equipped with top-of-the-line appliances and elegant Calacatta countertops, and t

11128 17TH AVE 1-2 #2, Miami

$1,150,000 USD
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Address11128 17TH AVE 1-2 #2, Miami
Building NameQUEENS PARK
Type of PropertyDuplex
Property StyleDuplex
Price$1,150,000
Previous Price$1,175,000 (53 days ago)
Property StatusActive
MLS NumberA11837109
Living Area3360
Year Built2024
Parking Space Number6
Folio Number30-21-34-011-1450
Gross Rent Income$102,000
Net Operating Income$78,000
Zoning Information5700
Days on Market106

Detailed Description: Welcome to this brand-new duplex in the sought-after Queens Park subdivision! Each unit offers 4 bedrooms and 3 bathrooms, totaling 8 bedrooms and 6 bathrooms. The kitchens are equipped with top-of-the-line appliances and elegant Calacatta countertops, and the property features impact windows and doors for added security and peace of mind. Perfect for investors or those looking to live in one unit while the other generates income to help pay the mortgage, this property offers an approximate NOI of $78,000 and the potential for an attractive 6-7% cap rate, depending on the purchase method. Conveniently located just minutes from I-95, Gratigny Expressway, Downtown Miami, Wynwood, and both Miami and Ft. Lauderdale airports, this is an opportunity you don’t want to miss!

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33167
Address11128 17TH AVE 1-2
Section34
Financial Information
Price$1,150,000
Price per Foot$0
Previous Price$1,175,000
Folio Number30-21-34-011-1450
Gross Rent Income$102,000
Net Operating Income$78,000
Tax Amount$4,519
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionWelcome to this brand-new duplex in the sought-after Queens Park subdivision! Each unit offers 4 bedrooms and 3 bathrooms, totaling 8 bedrooms and 6 bathrooms. The kitchens are equipped with top-of-the-line appliances and elegant Calacatta countertops, and the property features impact windows and doors for added security and peace of mind. Perfect for investors or those looking to live in one unit while the other generates income to help pay the mortgage, this property offers an approximate NOI of $78,000 and the potential for an attractive 6-7% cap rate, depending on the purchase method. Conveniently located just minutes from I-95, Gratigny Expressway, Downtown Miami, Wynwood, and both Miami and Ft. Lauderdale airports, this is an opportunity you don’t want to miss!
Roof DescriptionFlat Roof With Facade Front
Floor DescriptionVinyl
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area3360
Zoning Information5700
Year Built2024
Type of PropertyDuplex
StyleDuplex
Building NameQUEENS PARK
Development NameQUEENS PARK
Construction TypeCBS Construction,Other
Stories Number2.000
Parking Space Number6
Listed withLifestyle International Realty