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.
1297 NE 110th Terrace, Miami, FL 33161
- Price:
- $895,000.00
- Original List Price:
- $895,000.00
- Close Price:
- $895,000.00
- Transaction closed on:
- May 8, 2026
- 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
- Living Area:
- 1,970 Sqft
- Built-Up Area:
- 1,970 Sqft
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating System:
- None, Separate Meters
- 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
- Tax Annual Amount:
- $8,369.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- BISCAYNE SHORES CORR PLAT
- Senior Community:
- No
- Documents Available:
- Investment Analysis
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
- 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
- Elementary School:
- Westgate Elementary-pn
- High School:
- Miami Edison
- Middle Or Junior School:
- Horace Mann
- 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
- Courtesy of:
- Douglas Elliman
- Attribution:
- Not provided
- 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

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Neighborhood Stats
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