For sale Home

Listed Jul 22, 2026

$1,340,000 Est. $8,863/mo

2204 Southwest 11th Terrace

  • 6

    Beds

  • 5

    Baths

  • 3,668

    Sq ft

The story

  • Pool

**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!**

Facts & features

Home type

Home

Year built

1925

Floors

2

Price per sq ft

$365

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Electric

  • Appliances

    Some Gas Appliances, Electric Water Heater, Gas Range, Refrigerator

  • Flooring

    Ceramic Tile, Laminate

  • Roof

    Barrel, Flat

  • Lot Information

    Less Than Quarter Acre

  • Exterior

    Balcony, Fence, Patio, Shed, Storm Security Shutters

  • Water Source

    Public, Well

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$8,863 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $7,132
  • Property tax $1,340
  • Insurance $391

Includes principal, interest, taxes & insurance.

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Listing Broker

Brickell Brokers LLC

Broker Name

Brickell Brokers LLC

Agent

Magalys Colomar

Location

Miami FL 33127