1105 119th St ,Quadruplex, Rev Palomar for Sale

1105 119th St for Sale

Price $1,125,000.00

• Lot size 2619
• Year Build 1947
• Waterfront
• Zip 33161
• Style Attached, Old Spanish
• Parking Description
• Pool Yes
• Status Active

Description

Updated FOURPLEX-Biscayne Park, Rated safest Miami neighborhoods. Amazing investment opportunity. offers investors, a low maintenance & income generating asset. Rare 3/2 HOUSE +3 apartments. Updates include,newer roof, update electrical, sprinkler system, updates to the septic system, beautiful landscaping, corner lot, renovations in flooring, kitchens, bathrooms. Next to Miami Shores, Midtown design district & the property is located in a high demand rental area.Low rents.No LENDER FLOOD REQUIRED. No 40 year recertification required. Airbnb OK.3 units furnished. furniture negotiable.. PER City can add on to current property.Lot almost 10,000 ft.?. showing w proof of income or DU on the loan. please do not disturb the tenants. over 67K net income. Pro forma 138K gross yearly. Room a pool.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11814671 $67,000 net income currently pro forma gross $ 138,000 by doing monthly short term rentals to nurses and student students Units comprised- 3/2 house Two, one bedrooms One studio Showings with proof of income, or DU with all showings please New roof, new appliances, updated electrical, turnkey, ready Great for Airbnb use, Furniture negotiable Yearly fee to Biscayne Park for rentals and annual inspection Furniture is negotiable Expenses Water monthly $75 Gas monthly $60 FPL monthly $70 Garden monthly $120 Pest control monthly $50 Taxes and insurance monthly $1475 Added income monthly from the washer and dryer coin operated $100 on average

29 52 42 .22 AC SUB OF REV PALOMAR PB 35-43 S75FT OF TRACT 7-A SAME AS LOT 12 & S1/2 LOT 11 LOT SIZE 75.000 X 132 OR 18258-1108 0698 4 COC 2

Less Than 1/4 Acre Lot

Updated FOURPLEX-Biscayne Park, Rated safest Miami neighborhoods. Amazing investment opportunity. offers investors, a low maintenance & income generating asset. Rare 3/2 HOUSE +3 apartments. Updates include,newer roof, update electrical, sprinkler system, updates to the septic system, beautiful landscaping, corner lot, renovations in flooring, kitchens, bathrooms. Next to Miami Shores, Midtown design district & the property is located in a high demand rental area.Low rents.No LENDER FLOOD REQUIRED. No 40 year recertification required. Airbnb OK.3 units furnished. furniture negotiable.. PER City can add on to current property.Lot almost 10,000 ft.?. showing w proof of income or DU on the loan. please do not disturb the tenants. over 67K net income. Pro forma 138K gross yearly. Room a pool.

City:Biscayne Park,Zoning:5900,Cooling:1:Electric,2:Wall/Window Unit(s),Heating:1:Electric,2:Gas,3:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Flooring:1:Tile,2:Wood,Latitude:25.8854114,Cooling Y N:1,Heating Y N:1,List Price:1125000,Listing Id:A11814671,Longitude:-80.175963,Mls Status:Active,Year Built:1947,Directions:Please use the GPS,Living Area:2619,Postal Code:33161,Street Name:119th St,Coordinates:1:25.8854114,Photos Count:54,Building Name:REV PALOMAR,Days On Market:16,Listing Terms:1:Conventional,2:FHA,3:FHA-Va Approved,Lot Size Units:Square Feet,M I A M I R E_ Area:22,M L S Area Major:Rev Palomar,On Market Date:2025-06-03,Parcel Number:17-22-29-053-0020,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Water,Stories Total:2,Street Number:1105,M I A M I R E_ Style:Fourplex,Public Remarks:Updated FOURPLEX-Biscayne Park, Rated safest Miami neighborhoods. Amazing investment opportunity. offers investors, a low maintenance & income generating asset. Rare 3/2 HOUSE +3 apartments. Updates include,newer roof, update electrical, sprinkler system, updates to the septic system, beautiful landscaping, corner lot, renovations in flooring, kitchens, bathrooms. Next to Miami Shores, Midtown design district & the property is located in a high demand rental area.Low rents.No LENDER FLOOD REQUIRED. No 40 year recertification required. Airbnb OK.3 units furnished. furniture negotiable.. PER City can add on to current property.Lot almost 10,000 ft.?. showing w proof of income or DU on the loan. please do not disturb the tenants. over 67K net income. Pro forma 138K gross yearly. Room a pool.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Charles Rutenberg Realty Fort,Standard Status:Active,Window Features:1:Hurricane Shutters,2:Single Hung Metal,3:Solar Film/Tinted,4:Verticals,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:6461,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:REV PALOMAR,Tax Annual Amount:14000,Total Actual Rent:87000,Unparsed Address:1105 NE 119th St, Biscayne Park FL 33161,Exterior Features:1:Exterior Lights,2:Fruit Trees,3:Room For Pool,Listing Agreement:Exclusive Right To Sell,Operating Expense:22200,Year Built Details:Resale,Building Area Total:2619,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:429.5533,Original List Price:1189998,Previous List Price:1189998,Public Survey Range:22,Architectural Style:1:Old Spanish,Documents Available:1:Deposit - Security,2:Rent Rolls,I D X Participation Y N:1,Net Operating Income:64800,Syndication Remarks:Updated FOURPLEX-Biscayne Park, Rated safest Miami neighborhoods. Amazing investment opportunity. offers investors, a low maintenance & income generating asset. Rare 3/2 HOUSE +3 apartments. Updates include,newer roof, update electrical, sprinkler system, updates to the septic system, beautiful landscaping, corner lot, renovations in flooring, kitchens, bathrooms. Next to Miami Shores, Midtown design district & the property is located in a high demand rental area.Low rents.No LENDER FLOOD REQUIRED. No 40 year recertification required. Airbnb OK.3 units furnished. furniture negotiable.. PER City can add on to current property.Lot almost 10,000 ft.?. showing w proof of income or DU on the loan. please do not disturb the tenants. over 67K net income. Pro forma 138K gross yearly. Room a pool.,Listing Contract Date:2025-06-03,Originating System I D:miamire,Public Survey Section:29,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Showing Assist,Street Number Numeric:1105,Tax Legal Description:29 52 42 .22 AC SUB OF REV PALOMAR PB 35-43 S75FT OF TRACT 7-A SAME AS LOT 12 & S1/2 LOT 11 LOT SIZE 75.000 X 132 OR 18258-1108 0698 4 COC 2,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,Patio And Porch Features:1:Patio,M I A M I R E_ Adjusted Area S F:2347,M I A M I R E_ Internet Remarks:Biscayne Park amazing opportunity to purchase 4Plex. Fully occupied house + 3 extra apartments. Low rents. Pro forma 138K gross current 65 net.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-06-03,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:429.55,Internet Automated Valuation Display Y N:1,