$1,099,998
UNDER CONTRACT $90K PRICE DROP

1105 NE 119th St Biscayne Park, FL 33161

Estimated payment $7,254/month

Total Views 942
-- Bed
-- Bath
2,619 Sq Ft
$420 Price per Sq Ft

Highlights

  • Room in yard for a pool
  • Old Spanish Architecture
  • Complete Accordion Shutters
  • Wood Flooring
  • No HOA
  • Porch

About This Home

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 FLOOD ZONE. Airbnb OK.3 units furnished. furniture negotiable.. PER City add on to current property or 2 houses. Lot almost 10,000 ft.2. showing w proof of income or DU on the loan. please do not disturb the tenants. Almost 65K net income. Pro forma 138K gross yearly. Room for a pool.

Listing Agent

Rose Sayre

Charles Rutenberg Realty FTL License #0571220 Listed on: 06/03/2025

Charles Rutenberg Realty FTL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,000

Year Built

  • Built in 1947

Lot Details

  • Fenced

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,619 Sq Ft Home
  • 2-Story Property
  • Solar Tinted Windows
  • Single Hung Metal Windows
  • Vertical Blinds
  • Complete Accordion Shutters

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Listing and Financial Details

  • Rent includes hot water, pest control, water
  • Assessor Parcel Number 17-22-29-053-0020

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Rev Palomar Condos
  • Rev Palomar Subdivision

Building Details

  • Operating Expense $22,200
  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,000

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached, Old Spanish
  • Directions: Please use the GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: REV PALOMAR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor, Tile, Wood
  • Living Area: 2619
  • Stories: 2
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Single Hung Metal, Solar Film/Tinted, Verticals

Exterior Features

  • Roof: Barrel Roof
  • Exterior Features: Barbeque, Exterior Lights, Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REV PALOMAR
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Window/Wall
  • Heating Yn: Yes
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 17-22-29-053-0020
  • Zoning: 5900

Rental Info

  • Rent Includes: Hot Water, Pest Control, Water

Multi Family

  • Net Operating Income: 64800
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 22200
  • Total Actual Rent: 87000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $1,099,998 -2.2% $420 / Sq Ft
06/17/2025 06/17/25 Price Changed $1,125,000 -5.5% $430 / Sq Ft
06/03/2025 06/03/25 For Sale $1,189,998 0.0% $454 / Sq Ft
07/27/2017 07/27/17 Rented $2,050 -6.8% --
07/14/2017 07/14/17 Price Changed $2,199 -2.2% $1 / Sq Ft
06/21/2017 06/21/17 Price Changed $2,249 -2.2% $1 / Sq Ft
06/13/2017 06/13/17 For Rent $2,300 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11814671

MIAMI REALTORS® MLS