Triplex in 1220-1222 NE 110th Terrace, Miami, FL 33161 for sale with MLS# A11965310
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 leased 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.
1220-1222 NE 110th Terrace, Miami, FL 33161
- Price:
- $739,000.00
- Original List Price:
- $749,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $353.58
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Triplex
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 10, 2026 4:54 pm
- Living Area:
- 2,090 Sqft
- Built-Up Area:
- 2,090 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Separate Meters
- Year Built:
- 1954
- Roof:
- Other
- Number of Units Total:
- 3
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 1
- Number of Units in the Community or Building:
- 3
- Flood Zone Code:
- X
- Tax Annual Amount:
- $8,212.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Septic Tank
- Utilities Available:
- Cable Available
- Subdivision Name:
- BISCAYNE SHORES CORR PLAT
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Deposit - Security, Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Conventional, Fha-va Approved
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- BISCAYNE SHORES CORR PLAT PB 23-52 LOT 12 BLK 3 LOT SIZE 50.000 X 125 OR 17608-4204 0497 4
- Real Estate Folio Number (Parcel Number):
- 3022320100370
- Zoning:
- 3700
- Elementary School:
- Oakstead Elementary-po
- High School:
- Miami Edison
- Middle Or Junior School:
- Horace Mann
- Active on the market since:
- February 13, 2026
- Listing Agreement executed on:
- February 13, 2026
- Price change occurred on:
- August 10, 2026 4:54 pm
- Listing Status Last Changed On:
- February 13, 2026 5:00 am
- Photos updated on:
- August 10, 2026 3:55 pm
- Last Modified:
- August 10, 2026 3:56 pm
- Courtesy of:
- Dalton Wade Inc
- Attribution:
- Not provided
- Street Name:
- 110th
- Street Number:
- 1220-1222
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33161
- County:
- Miami-Dade
- Latitude:
- N25° 52' 37.6''
- Longitude:
- W81° 49' 36''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 1220-1222 NE 110th Terrace, Miami, FL 33161
