1581 NE 117 ST, Miami FL 33161 | Miami-Dade County | A11927844
  • $699,000

Description

This is a rare opportunity to acquire a desirable single family or duplex, featuring both a 2-bedroom/1-bathroom unit and a 1-bedroom/1-bathroom unit but can easily open up with by unlocking a door. It is perfect for investors seeking immediate cash flow or owner-occupants who wish to live in one unit while offsetting their mortgage by renting the other, generating steady rental income. The interior offers spacious living areas, a neutral layout, and large bedrooms. Exterior amenities include a large lot with ample yard space, a new fence for added privacy, and improved energy efficiency thanks to solar panels. Major updates include a new roof and new fence; the AC unit is approximately 8 years old. This property is an excellent fit for investors or FHA buyers looking for immediate income and long-term upside potential, boasting a potential annual income of $48,000!

Property Overview

This single-family home located at 1581 NE 117 ST in Miami offers a rare opportunity for buyers seeking dual-unit living or investment potential. The property features two distinct units: one with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. A connecting door can be unlocked to open the layout, making it adaptable to different living or business needs. With a total of 3 bedrooms and 2 bathrooms across 1,440 square feet, this home provides a spacious and flexible floor plan. The exterior of the property includes a large lot with a well-maintained yard and a new fence that enhances privacy. Solar panels are installed, offering improved energy efficiency and long-term savings. Recent upgrades include a new roof and a new fence. The air conditioning system is approximately 8 years old, ensuring reliable comfort without the need for immediate replacement. The layout includes large bedrooms and neutral interior finishes, making it easy to personalize or ready for immediate move-in. Located in Biscayne Shores, this home sits on a 1974-built structure and is priced at $699,000. This property is ideal for investors looking to generate rental income or for buyers interested in a duplex-style home with the potential to support long-term financial goals.

Frequently Asked Questions

How many bedrooms and bathrooms does this property have?

The property features 3 bedrooms and 2 full bathrooms in total.

What is the total living area of the property?

The total living area is 1,440 square feet.

What is the current listing price?

The current listing price is $699,000.

What major updates have been made to the property?

The property has had a new roof installed, a new fence, and the AC unit is approximately 8 years old.

What are the exterior features of the property?

The property has a large lot with ample yard space, a new fence for added privacy, and solar panels for improved energy efficiency.

Is the property suitable for investment purposes?

Yes, the property is ideal for investors seeking immediate cash flow or for owner-occupants who wish to live in one unit and rent the other, with the potential for annual income of up to $48,000.

Monthly Fees & Carrying Costs

  • Membership Required: No
  • Address: 117 ST
  • City: Miami
  • Zip/Postal Code: 33161

Details

Updated on July 2, 2026 at 7:43 am
  • Property ID A11927844
  • Price $699,000
  • Property Size 1440 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 2
  • Year Built 1974
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Cooling Ceiling Fan(s), Electric
  • Association Type None
  • Building BISCAYNE SHORES UNIT 4
  • Area Biscayne Shores Unit 4
  • Annual Tax 4126
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 2
  • Subdivision BISCAYNE SHORES UNIT 4
  • Restrictions See Broker Remarks
  • Parking Additional Spaces Available
  • Heating Central
  • Structure Type R30-No Pool/No Water, House
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 1676
  • Covered Spaces 0
  • View Garden
  • Year Built Details Resale
  • Attached Yes
  • Flood Zone AE
  • Patio / Porch Patio
  • New Construction No
  • Garage Spaces 0
  • Style R30-No Pool/No Water
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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