1239 NE 110th St, Miami, FL 33161
Local realty services provided by:CENTURY 21 Circle
Listed by: kevin kohler
Office: keller williams legacy954-358-6000
MLS#:A12071356
Source:SEFMLS
Price summary
- Price:$2,475,000
- Price per sq. ft.:$495.5
About this home
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!...
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Home facts
- Year built:1947
- Subdivision & Development:BISCAYNE SHORES
- Listing ID #:A12071356
- Updated:October 31, 2026 at 09:59 AM
Rooms and interior
- Flooring:Tile, Vinyl
- Living area:4,995 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:4,995 sq. ft.
- Lot Features:Flood Zone
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,475,000
- Price per sq. ft.:$495.5
- Tax amount:$22,663 (2025)
Parking
- Total parking spaces:11
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