$1,340,000
2204 SW 11th Ter, Miami FL 33135
101 days on marketPrice reduced $10,000 on Oct 12, 2026
- Bedrooms
- 6
- Bathrooms
- 4.5
- Living area
- 3,668 sqft
- Price per sqft
- $365
- Type
- Single Family Residence
- Year built
- 1925
- Taxes
- $4,603/yr
- MLS #
- A12057991
About this home
**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!**
Estimated subtotal
$384/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $384
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33135
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Brickell Brokers LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.