Property 12195 NE 11th Place, North Miami, FL 33161 for sale with MLS# A12119821

Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached.

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12195 NE 11th Place, North Miami, FL 33161

Price
Price:
$1,050,000.00
Original List Price:
$1,050,000.00
List Price per Sq Ft (Calculated, Approx.):
$299.82
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Other
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
New Listing
Last Major Update on:
November 7, 2026 5:00 am
Other Special Conditions:
Presently Leased
Measures
Built-Up Area:
3,502 Sqft
Lot Area:
6,750 Sqft
Lot Size Acres:
0.155
Property Features
Security:
Other
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Construction
Year Built:
1959
Roof:
Shingle
Number of Buildings:
1
Construction Materials:
CBS
Flooring:
Other
Number of stories:
1
Road Frontage Type:
City Street
Flood Zone Code:
AE,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$19,827.00
Parking
Parking Total Spaces:
6
Parking Features:
Assigned
Utilities
Electric:
Separate Meters
Utilities Available:
Sewer Available
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Aerial Photo(s), Owner Managed
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
29 52 42 PALOMAR SUB PB 7-158 LOT 6 BLK 4 LOT SIZE 50.000 X 135 OR 14286-4282 1089 1
Real Estate Folio Number (Parcel Number):
0622290310470
Zoning:
3700
Listing History
Active on the market since:
November 6, 2026
Listing Agreement executed on:
November 7, 2026
Listing Status Last Changed On:
November 7, 2026 5:00 am
Photos updated on:
November 7, 2026 3:56 pm
Last Modified:
November 7, 2026 10:05 pm
Additional Information
Courtesy of:
Julies Realty, LLC
Attribution:
Not provided
Location
Street Name:
11th
Street Number:
12195
City:
North Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 53' 16.5''
Longitude:
W81° 49' 31.7''
Street Suffix:
Place
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
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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.