Home2204 SW 11th Terrace, Miami, FL 33135

Residential in Miami

**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!**

Property Highlights

Roof

  • Barrel
  • Flat

View

  • Garden

Sewer

  • Public Sewer

Levels

  • Two

Cooling

  • Central Air

Fencing

  • Fenced

Heating

  • Electric

Flooring

  • Ceramic Tile
  • Laminate

Amenities

  • None

Appliances

  • Gas Range
  • Refrigerator
  • Gas Water Heater
  • Electric Water Heater

Possession

  • Negotiable

Room Types

  • Convertible Bedroom
  • Garage Apartment
  • Garage Converted

Dining Area

  • Formal Dining

WaterSource

  • Public
  • Well

PoolFeatures

  • In Ground

Restrictions

  • No Restrictions

Water Source

  • Public
  • Well

Listing Terms

  • Cash
  • Conventional
  • FHA
  • VA Loan

Pool Features

  • In Ground

Balcony Details

  • Balcony - Open

OtherStructures

  • Shed(s)

ParkingFeatures

  • Driveway

ExteriorFeatures

  • Balcony

InteriorFeatures

  • Bedroom Layout - Three Way Split
  • Kitchen Island
  • Pantry
  • Roman Tub
  • Walk-In Closet(s)

Other Structures

  • Shed(s)

Parking Features

  • Driveway

Interior Features

  • Bedroom Layout - Three Way Split
  • French Doors
  • Kitchen Island
  • Pantry
  • Roman Tub
  • Walk-In Closet(s)

Master BedroomBath

  • Master Bdrm - Ground

Special Information

  • Sold As-Is

AssociationAmenities

  • None

Showing Requirements

  • 24 Hour Notice
  • Appointment Only
  • Call Listing Agent

Water Heater Details

  • Electric Water Heater
  • Gas Water Heater

Outdoor Living Spaces

  • Balcony
  • Patio

PatioAndPorchFeatures

  • Patio

Construction Materials

  • Block
  • CBS

Property Details

Property TypeResidential
StyleSingle Family Residence
Year Built1925
CountyMiami-Dade
SubdivisionBYAN PARK
Living Area3,668 sq ft
Bedrooms6
Baths5
Half Baths1
Private PoolYes
Annual Tax$4,603 (2025)
Listing OfficeBrickell Brokers LLC
Listing AgentMagalys Colomar
Office Phone305-438-7777

2204 SW 11th Terrace, Miami, FL 33135, Miami, FL 33135