2204 11th Terrace, Miami, FL 33135

$1,340,000 — Active

Property Features

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**Income-Producing Property in a Desirable Miami Location!**Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio.**Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3,600 per month** in rental income.**Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4,000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy.The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1,200 per month** in rental income.**Total current rental income: $8,800 per month, or $105,600 annually.**Plenty of parking adds to the property's appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike.A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others.**Seller is motivated—bring your offers!**

▼ Price Reduced — originally listed at $1,400,000

Property Details

  • Listing ID: A12057991
  • Status: Active
  • Listing Date: 2026-07-22
  • Property Type: Single Family Residence
  • Subdivision: BYAN PARK
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Area Sq Ft: 3,668
  • Year Built: 1925

Financial

  • List Price: $1,340,000
  • Original List Price: $1,400,000
  • HOA Fee: None
  • Taxes: $4,603/yr

Features & Amenities

  • View: Garden
  • Parking: Driveway
  • Cooling: Central Air
  • Heating: Electric
  • Flooring: Ceramic Tile, Laminate
  • Construction: Block, CBS
  • Roof: Barrel, Flat
  • Interior Features: Kitchen Island, Pantry, Walk-In Closet(s), Bedroom Layout - Three Way Split, Roman Tub
  • Exterior Features: Balcony
  • Community Amenities: None

Courtesy of Brickell Brokers LLC
Contact Starfish Real Estate to schedule an appointment or call .

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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.