Property Description

Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now actively marketed at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add investment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.

Features
Swimming Pool
Heating System
Cooling System
Parking
Roof:
Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33161
Street:
1220-1222 Ne 110th Ter, Miami, Florida 33161
Longitude:
W81° 48' 36.2''
Latitude:
N25° 52' 36.8''
MLS Addon
Building Area:
2,090 Sqft
Construction Materials:
Block
Flooring:
Tile
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Conventional,FHA,VA Loan
Lot Features
Parcel Number:
30-22-32-010-0370
Subdivision Name:
BISCAYNE SHORES CORR PLAT
Tax Annual Amount:
$8,212
Tax Year:
2025
Utilities
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Residential Income For Sale

1220-1222 Ne 110th Ter, Miami, Florida 33161, Miami, Florida 33161

2,090 Sqft
$749,000
MLS # #A11965310
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$749,000
Square Footage :
2,090 Sqft
Year Built :
1954
MLS # :
A11965310
Property Sub Type :
Triplex
Agent info
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