Property Description
Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical – the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities.
Ideal for investors seeking an income-producing multifamily opportunity.
Won’t last, priced to sell. Offered at $895,000 at a 7.63% cap rate.
Features
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Roof:
- Flat, Concrete
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33161
- Street:
- 1297 Ne 110th Ter, Miami, Florida 33161
- Longitude:
- W81° 49' 41.8''
- Latitude:
- N25° 52' 39.6''
MLS Addon
- Building Area:
- 1,970 Sqft
- Construction Materials:
- Block
- Flooring:
- Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 30-22-32-010-0150
- Subdivision Name:
- BISCAYNE SHORES CORR PLAT
- Tax Annual Amount:
- $8,369
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass
Residential Income For Sale
1297 Ne 110th Ter, Miami, Florida 33161, Miami, Florida 33161
1,970 Sqft
$895,000
MLS # #A11971424
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $895,000
- Square Footage :
- 1,970 Sqft
- Year Built :
- 1948
- MLS # :
- A11971424
- Property Sub Type :
- Triplex
