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Income-Producing SFH | 4BR/3BA Upside 281 NE 112th St 1,733 SF Flex Building Miami, FL 33161 $975,748 CAD ($563.04 CAD/SF) 7.21% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Income-Producing from Day One
  • Value-Add Potential with Expansion Plans
  • Renovated & Low-Maintenance

EXECUTIVE SUMMARY

Just reduced to $699,000! Exceptional value for a 3-bedroom, 2-bath
Turnkey North Miami SFH | $4,500/Month Income + 4BR/3BA Upside
Fully renovated 3BR/2BA single-family home in a prime North Miami corridor — Between Miami Shores & Biscayne Park, Barry University, I-95, and the beaches.
Current Income: $4,500/mo ($39,600 net annually)
Upgrades: 2023 roof, new plumbing & electrical, modern kitchen, stainless steel appliances
Upside: Floorplans ready to convert to 4BR/3BA for higher rents ($5,200–$5,400/mo)
Amenities: Spacious private yard with potential for outdoor features or expansion
Leased through April 2026 — collect income from Day 1
Perfect for investors seeking stable cash flow with value-add potential in one of Miami’s fastest-growing rental submarkets.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $975,748 CAD
Price Per SF $563.04 CAD
Sale Type Investment
Cap Rate 7.21%
Property Type Flex
Property Subtype
Light Distribution
  • Office Office Residential
Building Class B
Lot Size 0.13 AC
Rentable Building Area 1,733 SF
No. Stories 1
Year Built/Renovated 1957/2022
Tenancy Single
Parking Ratio 2.31/1,000 SF
Zoning 5700 - RESIDENTIAL
  • Listing ID: 36249280

  • Date on Market: 2025-06-13

  • Last Updated:

  • Address: 281 NE 112th St, Miami, FL 33161

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