1522 NE 111 ST 

1522 NE 111 ST 

PRICE

$ 1,775,000

Description

Area is a prime investment opportunity listed at $1,775,000, allowing for Airbnb use as per zoning regulations. The property comprises a mix of units, including 1-bed/1-bath apartments, studios, and a 2-bed/2-bath residence. It boasts enticing features such as an in-ground swimming pool, new silicone roof, security system, LED lighting, eco-friendly AC units, and a Tesla charging station. Renovated 1/1 is getting $2,500/monthly and could potentially yield $3,500 if used as an AirB&B. The unrenovated unit rents for $1,750/monthly could yield $3,000 with AirB&B, and the new 2/2 will yield $5,000 if used for AirB&B. Moreover, a similar studio in the area operating as an Airbnb fetches approximately $2,800 monthly.

With a walkability score of 85, the property offers easy access to Miami’s attractions and represents a unique opportunity for Airbnb investors seeking high returns. Interested buyers are encouraged to act swiftly to leverage this property’s high Airbnb rental potential and superb location.

Details

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7,000
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Gallery

BROKERS

Ryan Carney

rc@faustocommercial.com

267.582.0452