11 UNIT Commercial Multifamily garden apartment community in a pocket of unincorporated Miami-Dade, one block west of Biscayne Blvd between Miami Shores and North Miami. Single-story reinforced concrete, renovated in 2019, arranged around a central lawn. *UNIT MIX: 7x Studio, 4x 1BR*
Each unit is separately metered for electric. Priced at $225,000 per door. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently.
This is a fantastic value-add opportunity if you manage your own rentals, are looking to level up from single family homes, or looking to get placed into the right area with strong future appreciation potential. Elevated site above grade, you have to see for yourself! We can help with commercial multifamily debt options as well through our network of CRE lenders. Reach out today for more information!
Each unit is separately metered for electric. Priced at $225,000 per door. That basis falls inside the band set by ten closed mainland trades since November 2025, including a 1948 fourplex one block away on NE 110th Terrace that sold for $223,750 per unit in May 2026. The pro forma applies market rents of $1,325 per studio and $1,835 per one-bedroom, figures well below the $2,244 submarket average asking rent, leaving room for growth on ordinary turnover. Pro forma figures are assumptions, not statements of current collections. Buyer to verify all information independently.
This is a fantastic value-add opportunity if you manage your own rentals, are looking to level up from single family homes, or looking to get placed into the right area with strong future appreciation potential. Elevated site above grade, you have to see for yourself! We can help with commercial multifamily debt options as well through our network of CRE lenders. Reach out today for more information!
Property Details
Price:
$2,475,000
MLS #:
A12071356
Status:
Active
Beds:
0
Baths:
0
Address:
1239 NE 110th St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BISCAYNE SHORES
Neighborhood:
biscayneshores
City:
Miami
Listed Date:
Aug 14, 2026
State:
FL
Total Sq Ft:
4,995
ZIP:
33161
Year Built:
1947
Units:
11
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Tile, Vinyl
Heating
Window/ Wall
Exterior
Architectural Style
Attached, Detached
Construction Materials
C B S Construction
Parking Spots
11
Roof
Shingle
Financial
Tax Year
2025
Taxes
$22,663
Map
Community
- Address1239 NE 110th St Miami FL
- SubdivisionBISCAYNE SHORES
- CityMiami
- CountyMiami-Dade County
- Zip Code33161
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1239 NE 110th St
Miami, FL
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