Prime North Miami 18-Unit Multifamily Asset
Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages.
Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors.
Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.
- Heating System
- Cooling System
- Security
- Roof:
- Composition
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33161
- Street:
- 1400 Ne 111th St, Miami, Florida 33161
- Longitude:
- W81° 49' 49.5''
- Latitude:
- N25° 52' 41.2''
- Building Area:
- 16,239 Sqft
- Building Name:
- 1400 NE 111th St
- Construction Materials:
- Block
- Cumulative DOM:
- 11
- DOM:
- 79
- Flooring:
- Carpet, Ceramic Tile, Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Parcel Number:
- 30-22-32-000-0090
- Structure Type:
- Apartment, Multi Family
- Tax Annual Amount:
- $38,375
- Tax Year:
- 2024
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1400 Ne 111th St, Miami, Florida 33161, Miami, Florida 33161
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,000,000
- Year Built :
- 1962
- Lot Area :
- 19,180 Sqft
- MLS # :
- A11919179
- Property Sub Type :
- Multi Family
