259 111th Street, Miami, FL 33161

$679,000 — Active

Property Features

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Nestled between Biscayne Park and Miami Shores, this tropical multi-unit property is within walking distance to Miami Country Day School. High elevation, no flood zone, multi-unit parcel in unincorporated Miami-Dade so property taxes are almost half of the neighboring communities—maximizing your net return.This turnkey residential legal duplex generates $5,150/month gross ($61,800/yr).The front unit is divided into two efficiencies, both are rented at $1,200 per month, both are month to month leases but have been long term tenants. All security deposits transfer to the buyer. The rear unit has a 2-year lease ending Aug-2028, rent is $2,750 per month and escalates to $2,800 in August 2027.Rents include utilities. Capital improvements offer total peace of mind: a new roof (2024), newer central A/C system, new impact windows/doors, a paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. There are two separate electric meters (one for the back unit, one for the two front units) and one shared water meter. Property has a total of three tankless water heaters.The full report of 2026 4-Points Inspection and Wind Mitigation Reports are attached in the listing.

Property Details

  • Listing ID: A12040451
  • Status: Active
  • Listing Date: 2026-06-20
  • Property Type: Duplex
  • Subdivision: MIAMI HIGHLANDS SEC A
  • County: Miami-Dade
  • MLS Area: 2220
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 1,762
  • Lot Dimensions: 5520
  • Year Built: 1947

Financial

  • List Price: $679,000
  • HOA Fee: None
  • Taxes: $5,510/yr

Features & Amenities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Heating: Central, Electric, Separate Meters
  • Flooring: Clay, Terrazzo, Vinyl
  • Construction: CBS
  • Roof: Tar/Gravel
  • Exterior Features: Lighting

Courtesy of Pamela Hall Real Estate, LLC.
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 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.