1220-1222 NE 110th Ter, Miami, FL 33161
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1220-1222 NE 110th Ter, Miami, FL 33161
1220-1222 NE 110th Ter, Miami, FL 33161
1220-1222 NE 110th Ter, Miami, FL 33161
1220-1222 NE 110th Ter, Miami, FL 33161
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 749,000
Est. payment /mo
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1220-1222 NE 110th Ter Miami, FL 33161

2,090 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,090 sqft

Price per Sqft $358

Subdivision Biscayne Shores Corr Plat

MLS Listing ID A11965310

HOA Y/N No

Year Built 1954

Annual Tax Amount $8,212

Tax Year 2025

Property Sub-Type Triplex

Property Description

Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now leased at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add investment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.

Location

State FL

County Miami-dade

Community Biscayne Shores Corr Plat

Area 21

Interior

Heating Central

Cooling Central Air, Electric

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Septic Tank

Level or Stories One

Structure Type Block

Others

Tax ID 30-22-32-010-0370

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11965310

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Dalton Wade Inc

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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1220-1222 NE 110th Ter

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