11690 Southwest 81st Road

Closed 1/6/22
Closed 1/6/22
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Sold
Last Sold Price
$1,460,000
3,282 sqft$445/sqft
11690 SW 81st Rd, Pinecrest, FL 33156
Multi FamilyProperty Type
2021Year Built
$445/sq ftPrice per sq ft
4 carsParking Spaces

Description

Already producing $11,000 per month. Both units succesfully rented Collect rent from high quality tenants that make passive income a breeze. With Miami's meteoric real estate market, each unit in this duplex has successfully been rented for $5,500 per month. With a low initial tax basis this property is destined to be a great investment. The below financials are already in place and end up at a cap rate of 8%. Effortlessly get your cash into the mid teens when purchased with leverage. Monthly rent...Already producing $11,000 per month. Both units succesfully rented Collect rent from high quality tenants that make passive income a breeze. With Miami's meteoric real estate market, each unit in this duplex has successfully been rented for $5,500 per month. With a low initial tax basis this property is destined to be a great investment. The below financials are already in place and end up at a cap rate of 8%. Effortlessly get your cash into the mid teens when purchased with leverage. Monthly rent $5,500
Yearly property taxes $15,000 (includes post-purchase adjustment)
Yearly insurance $4,000
Yearly utilities & misc costs $2,400
Total expenses $21,400
Total income $132,000 Noi $110,600 This is a special delimiter sentence. This is a special delimiter sentence @ ~8% cap rate = $1,400,000
  • Listed by: Raphael Hillis 305.967.8820 raphajhillis@gmail.com • Urban Key Realty Corp
Listing closed: 01/06/2022 12:00 AM • Source: MiamiRE, MLS#: A11119152

Recent comparable sales

Median sold price

$1,500,000

Avg days on market

139

Sale-to-list ratio

86.2%

Pinecrest, FL

9 comparable properties found

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1

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10650 Southwest 77th Avenue, Pinecrest, FL 33156

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10504 Southwest 77th Court, Pinecrest, FL 33156

a front view of a house with a yard and garage
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11011 Southwest 79th Avenue, Pinecrest, FL 33156

$1,700,000 | 11600 Southwest 69th Court, Pinecrest, FL 33156
1/12
4

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11600 Southwest 69th Court, Pinecrest, FL 33156

$1,500,000 | 8251 Southwest 136th Street, Pinecrest, FL 33156
1/12
5

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8251 Southwest 136th Street, Pinecrest, FL 33156

$1,150,000 | 12840 Southwest 83rd Court, Pinecrest, FL 33156
1/12
6

$1,150,000

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12840 Southwest 83rd Court, Pinecrest, FL 33156

a view of a city view
1/2
7

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Acres

7720 Southwest 117th Street, Pinecrest, FL 33156

a front view of a house with garden
1/46
8

$1,000,000

Sold 12/15/25

Unavailable
Bedrooms
Unavailable
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2,395
Square Feet
0.25
Acres

11434 Southwest 81st Road, Pinecrest, FL 33156

front view of house with a yard and potted plants
1/4
9

$1,900,000

Sold 08/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres

9420 Southwest 72nd Court, Pinecrest, FL 33156

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Location

Listing Courtesy of Urban Key Realty Corp

Sold By Keller Williams Capital Realty

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$8,314 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,421

Property Taxes

$893

HOA Dues

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Property Information for 11690 Southwest 81st Road

Property Details
  • Taxes: $10,720 / year
  • MLS Type: Residential Income / Duplex
  • County: Miami-Dade County
  • Subdivision: SUNILAND TERRACE
  • Style: Duplex
  • Waterfront: No
  • Area: 50
  • Auction: No
  • Num Stories: 1
  • Sq Ft Total: 3550
  • Sq Ft Liv Area: 3282.0
  • AdjustedAreaSF: 3382.0
  • Year Built Description: Effective Year Built
Building Information
  • Year Built: 2021
Location Information
Location Information
  • Parcel Number Free Text: 20-50-10-013-0350
  • Parcel Number MLX: 0350
  • MLS Area: 50
  • Municipal Code: 20
  • Township Range: 50
  • Section: 10
  • Subdivision Number: 13
  • Subdivision Complex Bldg: SUNILAND TERRACE
  • Unit Count: 2
  • Zoning Information: 5700
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Substantially Remodeled
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Shingle Roof
  • Flooring: Marble Floors, Terrazzo Floors, Tile Floors
  • Floor Description: Marble Floors, Terrazzo Floors, Tile Floors
  • Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11119152
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Central Cooling, Electric Cooling
  • Sewer Description: Septic Tank
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Hot Water, Trash Removal, Water
Financial Information
Financial Information
  • Total Mortgage: $0
  • Flood Zone: X
  • Tax Year: 2020
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Investment Analysis, Other Available Information

Property History for 11690 Southwest 81st Road

DateEvent & SourcePriceAppreciation
Jan 6, 2022

Sold

MiamiRE #A11119152

$1,460,000—
Jan 5, 2022

Sold (Public Record)

Public Record #1482649712

$1,460,000

+92.0% / yr

Nov 24, 2021

Pending

MiamiRE #A11119152

—
DateEvent & SourcePrice
01/06/2022

Sold

MiamiRE #A11119152

$1,460,000
01/05/2022

Sold (Public Record)

Public Record #1482649712

$1,460,000

+92.0% / yr

11/24/2021

Pending

MiamiRE #A11119152

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11690 Southwest 81st Road

Taxable ValueLand$678,000Additions$595,182Total$1,273,182
Tax Record2025$23,940 ($1,995 / month)
Home Facts
Total Finished SqFt3,534 SqFtAbove Grade Finished SqFt3,534 SqFtStories1Lot Size11,300 SqFtStyleDuplexYear Built1968Year Renovated2020Zoning5700:DUPLEXESCountyMIAMI-DADEAPN20-5010-013-0350

Schools near 11690 Southwest 81st Road

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Palmetto Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Palmetto Middle School
Public - 6 to 8
Miami Palmetto Senior High School
Public - 9 to 12
Rating
School
Distance
Palmetto Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

Palmetto Middle School
Public6 to 8

Miami Palmetto Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Pinecrest
Pinecrest
Beautiful homes, pristine parks, and family-friendly lifestyle. The most coveted, traditional suburb in Miami-Dade County, Pinecrest is the land of white picket fences, tightly-manicured lawns, sculpted shrubbery, and multi-acre home lots. Law and zoning enforcement here are ironclad, resulting in...
Pinecrest Guide

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 11690 Southwest 81st Road, Pinecrest, FL 33156
$1,460,000
–
–
3,282
–
11692 Southwest 81st Road, Pinecrest, FL 33156
$425,000
–
–
3,378
–
11600 Southwest 81st Road, Pinecrest, FL 33156
–
–
4
3,226
11,300
11700 Southwest 81st Road, Pinecrest, FL 33156
–
–
2
2,366
11,300
11555 Southwest 81st Road, Pinecrest, FL 33156
$400,000
–
2
2,500
11,300
11535 Southwest 81st Road, Pinecrest, FL 33156
$400,000
–
–
2,743
–

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Listing Courtesy of Urban Key Realty Corp

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.