$2,475,000
 $13,286 est/mo Sourced by Back At You

1239 NE 110th Street,Miami, FL 33161

Miami, FL 33161

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Description

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!

Details

MLS #A12071356
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site73
Listing Provided ByKeller Williams Legacy | Kevin Kohler

Features

SQ Feet4,995
Story(s)1
Zoning3700
Acreage17000.00

Exterior

Lot FeaturesQuarter To Half Acre Lot

Taxes

Tax Annual Amount22663

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33161
Area2220
Community NameBISCAYNE SHORES
Listing VS Median (in BISCAYNE SHORES)
Price:
$2,475,000
low | high
Med:
$4,239
100% of Average
sqft:
4,995
low | high
Med:
1,184
100% of Average
$ / sqft:
$495
low | high
Med:
$4
100% of Average
On site:
73
low | high
Med:
202
36.138613861386% of Average
Sourced by Back At You

Market Activity 33161

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Learn More About This Property

Candace Hubbard Crum

Candace Hubbard Hubbard Crum

Coldwell Banker Premium Realty

SL3507223 (561) 701-3993candace@cbfloridarealty.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33161
Area2220
Community NameBISCAYNE SHORES
Listing VS Median (in BISCAYNE SHORES)
Price:
$2,475,000
low | high
Med:
$4,239
100% of Average
sqft:
4,995
low | high
Med:
1,184
100% of Average
$ / sqft:
$495
low | high
Med:
$4
100% of Average
On site:
73
low | high
Med:
202
36.138613861386% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.856M - $3.093M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
1239 NE 110th Street Property Photo 1
$2,475,000
1239 Ne 110th Street
Miami, FL 33161
Listing Updated: September 28, 2026 at 8:40:34 PM PDT
Candace Hubbard Crum
License #: SL3507223
(561) 701-3993
Coldwell Banker Premium Realty
406 Lucerne Ave
Lake Worth Beach, FL 33460

Candace Hubbard - Coldwell Banker Premium Realty