Triplex in 1297 NE 110th Terrace, Miami, FL 33161 with MLS# A11971424

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.

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Days on the market

1297 NE 110th Terrace, Miami, FL 33161

Price
Price:
$895,000.00
Original List Price:
$895,000.00
Close Price:
$895,000.00
Transaction closed on:
May 8, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Status Change
Last Major Update on:
May 8, 2026 4:00 am
Measures
Living Area:
1,970 Sqft
Built-Up Area:
1,970 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating System:
None, Separate Meters
Construction
Year Built:
1948
Roof:
Concrete, Flat
Number of Units Total:
3
Levels:
Two
Construction Materials:
Block
Flooring:
Laminate
Number of stories:
1
Number of Units in the Community or Building:
3
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$8,369.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
BISCAYNE SHORES CORR PLAT
Senior Community:
No
Terms
Documents Available:
Investment Analysis
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
BISCAYNE SHORES CORR PLAT PB 23-52 LOT 1 BLK 2 LOT SIZE 50.000 X 124 OR 19095-4382 01 2000 4
Real Estate Folio Number (Parcel Number):
3022320100150
Zoning:
3700
Public Schools Assigned
Elementary School:
Westgate Elementary-pn
High School:
Miami Edison
Middle Or Junior School:
Horace Mann
Listing History
Active on the market since:
February 26, 2026
Listing Agreement executed on:
February 26, 2026
Purchase Contract Date:
March 29, 2026
Listing Status Last Changed On:
May 8, 2026 4:00 am
Photos updated on:
May 12, 2026 1:32 pm
Last Modified:
August 17, 2026 6:06 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
110th
Street Number:
1297
City:
Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 52' 39.6''
Longitude:
W81° 49' 41.9''
Street Suffix:
Terrace
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1297 NE 110th Terrace, Miami, FL 33161
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.