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1239 NE 110th St

Miami, FL 33161
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11 UNIT Commercial Multifamily garden apartment community in a pocket of unincorporated Miami-Dade, one block west of Biscayne Blvd between Miami Shores and North Miami. Single-story reinforced concrete, renovated in 2019, arranged around a central lawn. *UNIT MIX: 7x Studio, 4x 1BR* Each unit is separately metered for electric. Priced at $225,000 per door. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently. This is a fantastic value-add opportunity if you manage your own rentals, are looking to level up from single family homes, or looking to get placed into the right area with strong future appreciation potential. Elevated site above grade, you have to see for yourself! We can help with commercial multifamily debt options as well through our network of CRE lenders. Reach out today for more information!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,475,000

AD Id : 89553700

MLS Id : A12071356

Year Built : 1947

County : Miami-Dade

Subdivision: Biscayne Shores

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1947
    Building Area Total: 4995
    Construction Materials: Block
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Description: QuarterToHalfAcreLot

    Property Information

    Subdivision: BISCAYNE SHORES Source Property Type: ResidentialIncome Postal Code Plus 4: 7611 Zoning Description: 3700 Property SubType: Quadruplex Levels: One Property Age: 79

  • Listing Price Information

    Listing Price: $2475000
    Cash, Conventional

  • Tax Information

    Parcel Number: 30-22-32-010-0411 Tax Year: 2025 Annual Tax: $22663 Tax Legal Desc: 32 52 42 BISC SHORES CORR PL PB 23-52 LOTS 18-19 & 20 LESS W14FT OF LOT 18 BLK 3 LOT SIZE 17000 SQ FT M/L

  • Parking Information

    Parking Total: 11

  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1301 NE 110th Terrace, Miami, FL, 33161 $610,000 4 3 1,482 1,482 SqFt
1256 NE 110th Ter, Miami, FL, 33161 $1,450,000 7 5 1,946 1,946 SqFt
325 NE 108th St, Miami, FL, 33161 $725,000 4 3 1,705 1,705 SqFt
1290 NE 110th St, Miami, FL, 33161 $750,000 5 2 1,882 1,882 SqFt
1286 NE 110th St, Miami, FL, 33161 $750,000 5 2 1,868 1,868 SqFt
265 NE 116th St, Miami, FL, 33161 $1,298,000 4 2 2,860 2,860 SqFt
1515 NE 118th Street, Miami, FL, 33161 $1,100,000 5 3 --
1429 NE 118th Terrace, Miami, FL, 33161 $749,000 4 4 1,820 1,820 SqFt
1563 NE 148th Street, Miami, FL, 33161 $660,000 6 4 2,670 2,670 SqFt
1258 NE 109th Street, Miami, FL, 33161 $648,995 3 2 1,861 1,861 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/16/2026 @ 16:20

MLS: A12071356 LISTED BY: Kevin Kohler, Keller Williams Legacy 954-358-6000 SOURCE: SEFMIAMI

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