Investor alert! This fully remodeled condo in North Miami presents an exceptional turnkey investment opportunity, boasting a long-term tenant in place at a market rent of $2,400 per month and a solid 6.2% cap rate. Featuring modern finishes, Fully occupied w

12105 NORTH EAST 11TH PL #103, North Miami

$318,000 USD 1 1
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Address12105 NORTH EAST 11TH PL #103, North Miami
Building NameBISCAYNE POINT CONDO
Type of PropertyCondominium
Price$318,000
Previous Price$328,900 (31 days ago)
Sold on3rd October, 2025
Sold Price$250,000
Property StatusClosed
MLS NumberA11778918
Bedrooms Number1
Full Bathrooms Number1
Living Area709
Year Built1972
Garage Spaces Number1
Folio Number06-22-29-107-0040
Days on Market210

Detailed Description: Investor alert! This fully remodeled condo in North Miami presents an exceptional turnkey investment opportunity, boasting a long-term tenant in place at a market rent of $2,400 per month and a solid 6.2% cap rate. Featuring modern finishes, Fully occupied with impact windows, an in-unit washer and dryer, and dedicated parking, this property offers both tenant appeal and financial stability. With a built-in 10% reserve for added peace of mind, this meticulously updated unit is ready to generate immediate returns. Don’t miss out on adding this high-performing asset to your portfolio!

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Address Information
StateFlorida
CityNorth Miami
CountyMiami-Dade County
Zip Code33161
Address12105 NORTH EAST 11TH PL
Section29
Zip Code (4 Digits)5844
Financial Information
Price$318,000
Price per Foot$0
Previous Price$328,900
Sold on3rd October, 2025
Sold Price$250,000
Folio Number06-22-29-107-0040
Maintenance Charge Month$367
Association Fee PaidMonthly
Association Fee$367
Tax Amount$3,425
Tax Year2024
Terms of SaleSeller Financing
Possession InformationFunding
Type of ContingenciesAssociation Approval
Full Descriptions
Detailed DescriptionInvestor alert! This fully remodeled condo in North Miami presents an exceptional turnkey investment opportunity, boasting a long-term tenant in place at a market rent of $2,400 per month and a solid 6.2% cap rate. Featuring modern finishes, Fully occupied with impact windows, an in-unit washer and dryer, and dedicated parking, this property offers both tenant appeal and financial stability. With a built-in 10% reserve for added peace of mind, this meticulously updated unit is ready to generate immediate returns. Don’t miss out on adding this high-performing asset to your portfolio!
Property ViewOther View
Floor DescriptionVinyl
Interior FeaturesBuilt-in Features, Closet Cabinetry, Cooking Island, Elevator, Walk-In Closet (s), Utility Room / Laundry
Furnished InformationFurnished
Equipment AppliancesTrash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
AmenitiesElevator (s), None
Cooling DescriptionCentral Air
Heating DescriptionElectric
Parking Description1 Space, On Street
Pet RestrictionsRestrictions Or Possible Restrictions
Property parameters
Bedrooms Number1
Full Baths Number1
Living Area709
Year Built1972
Type of PropertyCondominium
Building NameBISCAYNE POINT CONDO
Development NameBISCAYNE POINT CONDO
Construction TypeCBS Construction
Street DirectionNorth East
Garage Spaces Number1
Listed withRelated ISG Realty, LLC.