Income-Producing SFH | 4BR/3BA Upside 281 NE 112th St 1,733 SF Flex Building Miami, FL 33161 $695,000 ($401.04/SF) 7.25% Cap Rate

TURNKEY 5.8% CAP RATE | $4,500/MO GUARANTEED INCOME THRU 4/2026
Executive Summary: Rare opportunity to acquire a high-performing, fully remodeled single-family rental in the rapidly appreciating North Miami corridor. This asset is a "set-and-forget" investment, currently leased to a high-quality tenant at a premium rate of $4,500/month until April 30, 2026.
Financial Highlights:
Net Operating Income (NOI): $40,100
Cap Rate: 5.8% (Actual)
Gross Yield: 7.7%
Low Overhead: Current lease structure requires tenant to pay for landscaping, significantly reducing landlord operational expenses and increasing net cash flow.
The Asset:
Fully Remodeled: Modern 3-bedroom, 2-bathroom layout featuring high-end finishes, an open-concept kitchen, and impact-resistant features.
$10,000 Seller Credit: Seller is offering a $10k concession to be used for an interest rate buydown or closing costs, further enhancing the Day 1 Cash-on-Cash return.
Strategic Location: Located in the heart of 33161, minutes from Biscayne Blvd, Bal Harbour, and major transit hubs. This area is experiencing consistent year-over-year rental growth and property appreciation.
Investment Strategy: This is an ideal acquisition for a 1031 Exchange buyer or a portfolio investor seeking immediate, validated income with zero vacancy risk upon takeover. The long-term lease provides stability through 2026, with a lease expiration perfectly timed for the peak spring market.